TritonPoint Partners LLC Invests $601,000 in iShares Russell 1000 ETF $IWB

TritonPoint Partners LLC acquired a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,609 shares of the company’s stock, valued at approximately $601,000.

Other large investors have also modified their holdings of the company. Bank of America Corp DE grew its stake in shares of iShares Russell 1000 ETF by 14.9% during the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after purchasing an additional 616,717 shares in the last quarter. Focus Partners Wealth grew its stake in shares of iShares Russell 1000 ETF by 12.4% during the fourth quarter. Focus Partners Wealth now owns 1,955,205 shares of the company’s stock worth $730,139,000 after purchasing an additional 215,456 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares Russell 1000 ETF by 1.6% during the fourth quarter. JPMorgan Chase & Co. now owns 1,342,895 shares of the company’s stock worth $501,491,000 after purchasing an additional 21,540 shares in the last quarter. BOKF NA grew its stake in shares of iShares Russell 1000 ETF by 1.3% during the fourth quarter. BOKF NA now owns 1,297,149 shares of the company’s stock worth $484,407,000 after purchasing an additional 17,096 shares in the last quarter. Finally, Allstate Corp grew its stake in shares of iShares Russell 1000 ETF by 125.4% during the fourth quarter. Allstate Corp now owns 1,078,170 shares of the company’s stock worth $402,632,000 after purchasing an additional 599,755 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $405.61 on Monday. The firm has a fifty day moving average price of $394.63 and a 200 day moving average price of $380.65. The company has a market cap of $47.72 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 12 month low of $325.31 and a 12 month high of $415.11.

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.