Unique Wealth LLC Purchases 30,885 Shares of iShares Russell 1000 ETF $IWB

Unique Wealth LLC grew its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1,977.3% during the second quarter, Holdings Channel reports. The institutional investor owned 32,447 shares of the company’s stock after purchasing an additional 30,885 shares during the quarter. iShares Russell 1000 ETF accounts for 1.5% of Unique Wealth LLC’s holdings, making the stock its 19th largest holding. Unique Wealth LLC’s holdings in iShares Russell 1000 ETF were worth $13,287,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE increased its holdings in iShares Russell 1000 ETF by 14.9% in the 2nd quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after acquiring an additional 616,717 shares during the last quarter. Allstate Corp lifted its holdings in iShares Russell 1000 ETF by 125.4% during the fourth quarter. Allstate Corp now owns 1,078,170 shares of the company’s stock valued at $402,632,000 after purchasing an additional 599,755 shares during the last quarter. Fifth Third Bancorp lifted its holdings in iShares Russell 1000 ETF by 145.7% during the first 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. Millennium Management LLC bought a new position in iShares Russell 1000 ETF during the fourth quarter worth about $169,963,000. Finally, Orion Porfolio Solutions LLC boosted its position in iShares Russell 1000 ETF by 506.5% during the second quarter. Orion Porfolio Solutions LLC now owns 302,116 shares of the company’s stock worth $102,590,000 after purchasing an additional 252,307 shares during the period.

iShares Russell 1000 ETF Stock Down 0.4%

IWB opened at $421.50 on Friday. The firm has a 50-day moving average price of $414.58 and a 200-day moving average price of $396.06. iShares Russell 1000 ETF has a twelve month low of $345.21 and a twelve month high of $426.92. The company has a market capitalization of $49.82 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.