Parkworth Wealth Management Inc. Takes $238,000 Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Parkworth Wealth Management Inc. acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 739 shares of the company’s stock, valued at approximately $238,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWB. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in iShares Russell 1000 ETF by 398.0% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock valued at $313,132,000 after purchasing an additional 796,000 shares during the period. Raymond James Financial Inc. acquired a new stake in iShares Russell 1000 ETF in the fourth quarter valued at $196,217,000. Constellation Investments Inc. acquired a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth $182,162,000. Proficio Capital Partners LLC lifted its position in iShares Russell 1000 ETF by 32,116.0% in the 4th quarter. Proficio Capital Partners LLC now owns 480,018 shares of the company’s stock valued at $154,643,000 after purchasing an additional 478,528 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its stake in iShares Russell 1000 ETF by 5.0% during the 4th quarter. Jones Financial Companies Lllp now owns 9,740,751 shares of the company’s stock valued at $3,138,080,000 after buying an additional 460,808 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $305.02 on Wednesday. The firm’s 50 day moving average is $327.58 and its 200-day moving average is $322.30. The stock has a market capitalization of $36.21 billion, a P/E ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a 12-month low of $271.54 and a 12-month high of $337.76.

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.