JPL Wealth Management LLC Takes Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

JPL Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,099 shares of the company’s stock, valued at approximately $676,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWB. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of 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 worth $313,132,000 after buying an additional 796,000 shares during the period. Raymond James Financial Inc. purchased a new position in iShares Russell 1000 ETF during the 4th quarter worth $196,217,000. Constellation Investments Inc. purchased a new position in iShares Russell 1000 ETF during the 4th quarter worth $182,162,000. Proficio Capital Partners LLC increased its holdings in iShares Russell 1000 ETF by 32,116.0% during the 4th quarter. Proficio Capital Partners LLC now owns 480,018 shares of the company’s stock worth $154,643,000 after purchasing an additional 478,528 shares during the period. Finally, Jones Financial Companies Lllp increased its holdings 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 worth $3,138,080,000 after purchasing an additional 460,808 shares during the period.

iShares Russell 1000 ETF Stock Up 0.5 %

IWB opened at $306.58 on Thursday. The stock’s fifty day moving average is $327.27 and its two-hundred day moving average is $322.19. The company has a market capitalization of $36.39 billion, a P/E ratio of 26.23 and a beta of 1.03. iShares Russell 1000 ETF has a 52 week low of $271.54 and a 52 week high of $337.76.

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.