iShares Russell 1000 ETF (NYSEARCA:IWB) is Allstate Corp’s 8th Largest Position

Allstate Corp lessened its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 35.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 897,288 shares of the company’s stock after selling 494,378 shares during the quarter. iShares Russell 1000 ETF makes up approximately 3.8% of Allstate Corp’s holdings, making the stock its 8th largest position. Allstate Corp’s holdings in iShares Russell 1000 ETF were worth $141,152,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of IWB. Bank of America Corp DE increased its holdings in iShares Russell 1000 ETF by 123.8% in the fourth quarter. Bank of America Corp DE now owns 6,487,599 shares of the company’s stock valued at $899,765,000 after buying an additional 3,588,662 shares during the last quarter. Ellis Investment Partners LLC grew its holdings in shares of iShares Russell 1000 ETF by 15,137.9% during the first quarter. Ellis Investment Partners LLC now owns 1,370,042 shares of the company’s stock worth $1,370,000 after purchasing an additional 1,361,051 shares during the last quarter. Hsbc Holdings PLC grew its holdings in shares of iShares Russell 1000 ETF by 102.1% during the fourth quarter. Hsbc Holdings PLC now owns 2,443,565 shares of the company’s stock worth $338,899,000 after purchasing an additional 1,234,299 shares during the last quarter. FMR LLC grew its holdings in shares of iShares Russell 1000 ETF by 18.6% during the fourth quarter. FMR LLC now owns 6,141,384 shares of the company’s stock worth $851,749,000 after purchasing an additional 962,203 shares during the last quarter. Finally, BOKF NA grew its holdings in shares of iShares Russell 1000 ETF by 4,313.4% during the fourth quarter. BOKF NA now owns 881,484 shares of the company’s stock worth $122,253,000 after purchasing an additional 861,511 shares during the last quarter.

Shares of IWB stock opened at $160.75 on Monday. iShares Russell 1000 ETF has a 1 year low of $129.68 and a 1 year high of $164.13.

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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.

Further Reading: NASDAQ Stock Market Explained

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Institutional Ownership by Quarter for iShares Russell 1000 ETF (NYSEARCA:IWB)

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