2,509 Shares in iShares Russell 1000 ETF $IWB Purchased by Palatine Hill Wealth Management LLC

Palatine Hill Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,509 shares of the company’s stock, valued at approximately $937,000. iShares Russell 1000 ETF makes up approximately 0.8% of Palatine Hill Wealth Management LLC’s investment portfolio, making the stock its 17th largest position.

Several other large investors have also recently added to or reduced their stakes in IWB. Focus Partners Wealth raised its holdings in iShares Russell 1000 ETF by 86.1% during the third quarter. Focus Partners Wealth now owns 1,739,749 shares of the company’s stock worth $635,852,000 after purchasing an additional 805,083 shares in the last quarter. Bank of America Corp DE raised its holdings in 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. Allstate Corp raised 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 worth $402,632,000 after purchasing an additional 599,755 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new position in iShares Russell 1000 ETF during the third quarter worth about $133,604,000. Finally, Orion Porfolio Solutions LLC raised its holdings 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 in the last quarter.

iShares Russell 1000 ETF Stock Up 0.2%

NYSEARCA IWB opened at $414.78 on Wednesday. The stock has a market capitalization of $48.80 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 52-week low of $325.07 and a 52-week high of $415.11. The firm has a 50-day moving average price of $385.44 and a 200 day moving average price of $378.02.

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.