Philip James Wealth Mangement LLC Has $900,000 Stock Position in iShares Russell 1000 ETF $IWB

Philip James Wealth Mangement LLC lowered its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 38.0% during the third quarter, Holdings Channel reports. The fund owned 2,463 shares of the company’s stock after selling 1,512 shares during the period. Philip James Wealth Mangement LLC’s holdings in iShares Russell 1000 ETF were worth $900,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IWB. Jones Financial Companies Lllp increased its holdings in shares of iShares Russell 1000 ETF by 5.1% in the first quarter. Jones Financial Companies Lllp now owns 10,240,732 shares of the company’s stock valued at $3,123,735,000 after purchasing an additional 499,981 shares in the last quarter. Bank of America Corp DE lifted its holdings in iShares Russell 1000 ETF by 14.9% during 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 buying an additional 616,717 shares in the last quarter. M&T Bank Corp boosted its position in iShares Russell 1000 ETF by 4.0% in the 2nd quarter. M&T Bank Corp now owns 2,923,970 shares of the company’s stock valued at $992,892,000 after buying an additional 112,152 shares during the last quarter. Johnson Investment Counsel Inc. increased its stake in shares of iShares Russell 1000 ETF by 3.3% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 1,405,034 shares of the company’s stock valued at $477,107,000 after buying an additional 44,732 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Russell 1000 ETF by 6.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,370,878 shares of the company’s stock valued at $465,509,000 after buying an additional 86,539 shares during the period.

iShares Russell 1000 ETF Stock Up 0.6%

IWB stock opened at $380.58 on Friday. iShares Russell 1000 ETF has a twelve month low of $264.17 and a twelve month high of $381.20. The company has a market cap of $47.00 billion, a P/E ratio of 24.71 and a beta of 1.01. The business has a fifty day moving average of $372.50 and a 200-day moving average of $361.43.

iShares Russell 1000 ETF 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.