Hsbc Holdings PLC Purchases 38,337 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Hsbc Holdings PLC increased its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 10.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 412,862 shares of the company’s stock after acquiring an additional 38,337 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares Russell 1000 ETF were worth $122,843,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Pathstone Holdings LLC bought a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth about $303,994,000. Jones Financial Companies Lllp increased its holdings in shares of iShares Russell 1000 ETF by 2.8% during the 4th quarter. Jones Financial Companies Lllp now owns 8,379,815 shares of the company’s stock worth $2,197,690,000 after purchasing an additional 227,252 shares during the period. Winthrop Advisory Group LLC increased its holdings in shares of iShares Russell 1000 ETF by 392.0% during the 1st quarter. Winthrop Advisory Group LLC now owns 254,787 shares of the company’s stock worth $73,386,000 after purchasing an additional 203,000 shares during the period. Cetera Investment Advisers increased its holdings in shares of iShares Russell 1000 ETF by 198.8% during the 1st quarter. Cetera Investment Advisers now owns 272,822 shares of the company’s stock worth $78,581,000 after purchasing an additional 181,531 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in shares of iShares Russell 1000 ETF by 3.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock worth $1,183,533,000 after purchasing an additional 146,971 shares during the period.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $307.82 on Thursday. The firm’s 50-day moving average is $301.37 and its 200-day moving average is $292.64. iShares Russell 1000 ETF has a 52-week low of $224.41 and a 52-week high of $311.98. The company has a market cap of $37.78 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

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.