iShares Russell 1000 ETF $IWB Shares Purchased by Corundum Group Inc.

Corundum Group Inc. raised its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 21.9% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 10,723 shares of the company’s stock after buying an additional 1,925 shares during the quarter. iShares Russell 1000 ETF makes up about 1.3% of Corundum Group Inc.’s investment portfolio, making the stock its 17th largest holding. Corundum Group Inc.’s holdings in iShares Russell 1000 ETF were worth $3,823,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of IWB. Bank of America Corp DE grew its position in shares of iShares Russell 1000 ETF by 14.9% during the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after acquiring an additional 616,717 shares during the last quarter. Focus Partners Wealth lifted its position in iShares Russell 1000 ETF by 12.4% in the 4th quarter. Focus Partners Wealth now owns 1,955,205 shares of the company’s stock valued at $730,139,000 after purchasing an additional 215,456 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in iShares Russell 1000 ETF by 1.6% during the 4th quarter. JPMorgan Chase & Co. now owns 1,342,895 shares of the company’s stock valued at $501,491,000 after purchasing an additional 21,540 shares during the period. BOKF NA boosted its stake in iShares Russell 1000 ETF by 1.3% during the 4th quarter. BOKF NA now owns 1,297,149 shares of the company’s stock valued at $484,407,000 after purchasing an additional 17,096 shares during the period. Finally, Allstate Corp grew its position in iShares Russell 1000 ETF by 125.4% in the 4th quarter. Allstate Corp now owns 1,078,170 shares of the company’s stock worth $402,632,000 after purchasing an additional 599,755 shares during the last quarter.

iShares Russell 1000 ETF Trading Down 0.0%

NYSEARCA IWB opened at $401.47 on Thursday. The company has a 50-day moving average price of $400.99 and a two-hundred day moving average price of $382.53. iShares Russell 1000 ETF has a 52 week low of $332.73 and a 52 week high of $415.11. The stock has a market cap of $47.23 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

About iShares Russell 1000 ETF

iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.