Park Avenue Securities LLC Acquires New Shares in iShares Russell 1000 ETF $IWB

Park Avenue Securities LLC acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 84,187 shares of the company’s stock, valued at approximately $35,033,000. Park Avenue Securities LLC owned 0.07% of iShares Russell 1000 ETF as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Bank of America Corp DE increased its holdings in shares of iShares Russell 1000 ETF by 4.9% during the 1st quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock worth $1,838,275,000 after acquiring an additional 240,695 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in iShares Russell 1000 ETF by 1.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,329,545 shares of the company’s stock valued at $830,623,000 after acquiring an additional 32,054 shares during the period. Catalyst Capital Advisors LLC lifted its holdings in iShares Russell 1000 ETF by 12.2% during the 1st quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock valued at $585,376,000 after purchasing an additional 179,128 shares during the last quarter. Fifth Third Bancorp lifted its holdings in iShares Russell 1000 ETF by 145.7% during the 1st quarter. Fifth Third Bancorp now owns 849,980 shares of the company’s stock valued at $303,069,000 after purchasing an additional 504,045 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in iShares Russell 1000 ETF by 2.4% during the 1st quarter. Cetera Investment Advisers now owns 361,081 shares of the company’s stock valued at $128,747,000 after purchasing an additional 8,550 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

IWB stock opened at $418.06 on Tuesday. The company has a fifty day moving average price of $419.68 and a two-hundred day moving average price of $397.62. iShares Russell 1000 ETF has a one year low of $345.21 and a one year high of $427.04. The stock has a market cap of $48.72 billion, a price-to-earnings 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.