Paladin Partners LLC Has $18.84 Million Stock Position in iShares Russell 1000 ETF $IWB

Paladin Partners LLC raised its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 9.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 52,825 shares of the company’s stock after purchasing an additional 4,600 shares during the quarter. iShares Russell 1000 ETF accounts for approximately 13.6% of Paladin Partners LLC’s investment portfolio, making the stock its biggest position. Paladin Partners LLC’s holdings in iShares Russell 1000 ETF were worth $18,835,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Mayport LLC bought a new position in iShares Russell 1000 ETF during the fourth quarter worth $878,000. Sumitomo Mitsui Trust Group Inc. increased its stake in iShares Russell 1000 ETF by 20.2% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 13,623 shares of the company’s stock valued at $5,087,000 after purchasing an additional 2,293 shares in the last quarter. Whittier Trust Co. increased its position in shares of iShares Russell 1000 ETF by 2.1% during the fourth quarter. Whittier Trust Co. now owns 85,261 shares of the company’s stock worth $32,352,000 after acquiring an additional 1,746 shares in the last quarter. Vista Capital Partners Inc. raised its stake in shares of iShares Russell 1000 ETF by 149.0% in the fourth quarter. Vista Capital Partners Inc. now owns 6,026 shares of the company’s stock worth $2,250,000 after purchasing an additional 3,606 shares during the last quarter. Finally, TD Waterhouse Canada Inc. bought a new position in iShares Russell 1000 ETF during the 4th quarter valued at $1,344,000.

iShares Russell 1000 ETF Stock Performance

IWB stock opened at $408.38 on Monday. The stock’s fifty day simple moving average is $407.56 and its two-hundred day simple moving average is $388.61. The stock has a market cap of $48.21 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 1-year low of $340.11 and a 1-year high of $415.11.

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.