Hsbc Holdings PLC Boosts Stock Position in iShares Russell 1000 ETF $IWB

Hsbc Holdings PLC raised its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 325,497 shares of the company’s stock after purchasing an additional 3,141 shares during the period. Hsbc Holdings PLC’s holdings in iShares Russell 1000 ETF were worth $116,059,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Brighton Jones LLC grew its holdings in iShares Russell 1000 ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock worth $58,807,000 after acquiring an additional 6,006 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in shares of iShares Russell 1000 ETF by 56.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock valued at $486,000 after purchasing an additional 542 shares in the last quarter. First Trust Advisors LP raised its stake in shares of iShares Russell 1000 ETF by 32.3% in the 2nd quarter. First Trust Advisors LP now owns 1,307 shares of the company’s stock valued at $444,000 after purchasing an additional 319 shares in the last quarter. Jump Financial LLC bought a new position in shares of iShares Russell 1000 ETF during the second quarter worth about $2,403,000. Finally, Qube Research & Technologies Ltd lifted its position in shares of iShares Russell 1000 ETF by 18.6% during the second quarter. Qube Research & Technologies Ltd now owns 3,418 shares of the company’s stock worth $1,161,000 after purchasing an additional 535 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $406.71 on Friday. The company has a market capitalization of $48.03 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a one year low of $340.11 and a one year high of $415.11. The stock has a 50-day simple moving average of $407.20 and a 200 day simple moving average of $386.55.

iShares Russell 1000 ETF 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.