Hsbc Holdings PLC Acquires 7,814 Shares of iShares Russell 1000 ETF $IWB

Hsbc Holdings PLC raised its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 322,356 shares of the company’s stock after purchasing an additional 7,814 shares during the quarter. Hsbc Holdings PLC owned approximately 0.26% of iShares Russell 1000 ETF worth $120,381,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWB. REAP Financial Group LLC bought a new stake in shares of iShares Russell 1000 ETF during the 4th quarter worth about $28,000. Advocate Investing Services LLC bought a new position in iShares Russell 1000 ETF in the 4th quarter valued at about $31,000. Optima Capital LLC acquired a new stake in iShares Russell 1000 ETF during the fourth quarter worth approximately $32,000. True Wealth Design LLC acquired a new stake in iShares Russell 1000 ETF during the fourth quarter worth approximately $32,000. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of iShares Russell 1000 ETF by 78.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 116 shares of the company’s stock worth $43,000 after acquiring an additional 51 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA:IWB opened at $408.75 on Friday. iShares Russell 1000 ETF has a 12-month low of $339.54 and a 12-month high of $415.11. The business has a 50 day moving average of $403.85 and a 200-day moving average of $383.99. The stock has a market cap of $48.09 billion, a PE ratio of 24.71 and a beta of 1.00.

iShares Russell 1000 ETF Company Profile

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.