Allspring Global Investments Holdings LLC Increases Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Allspring Global Investments Holdings LLC grew its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 285.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 756 shares of the company’s stock after purchasing an additional 560 shares during the period. Allspring Global Investments Holdings LLC’s holdings in iShares Russell 1000 ETF were worth $244,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Avidian Wealth Enterprises LLC grew its holdings in shares of iShares Russell 1000 ETF by 0.7% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 25,948 shares of the company’s stock worth $8,359,000 after buying an additional 191 shares in the last quarter. Capital Advisors Inc. OK boosted its position in iShares Russell 1000 ETF by 10.5% during the fourth quarter. Capital Advisors Inc. OK now owns 1,010 shares of the company’s stock worth $325,000 after acquiring an additional 96 shares during the last quarter. Quent Capital LLC purchased a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $147,000. Single Point Partners LLC acquired a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $17,416,000. Finally, Stonebridge Financial Group LLC purchased a new position in iShares Russell 1000 ETF during the fourth quarter worth approximately $531,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA IWB opened at $326.46 on Wednesday. iShares Russell 1000 ETF has a fifty-two week low of $271.54 and a fifty-two week high of $337.76. The firm has a market capitalization of $38.75 billion, a P/E ratio of 26.23 and a beta of 1.03. The stock’s fifty day moving average is $329.28 and its two-hundred day moving average is $321.25.

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.