1,773 Shares in iShares Russell 1000 ETF $IWB Purchased by Park Place Capital Corp

Park Place Capital Corp 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 Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,773 shares of the company’s stock, valued at approximately $662,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWB. Capital A Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF in the second quarter worth about $30,000. Caldwell Trust Co bought a new stake in shares of iShares Russell 1000 ETF during the second quarter valued at approximately $30,000. Highline Wealth Partners LLC bought a new stake in shares of iShares Russell 1000 ETF during the third quarter valued at approximately $30,000. Cary Street Partners Investment Advisory LLC increased its holdings in shares of iShares Russell 1000 ETF by 75.0% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 91 shares of the company’s stock valued at $31,000 after purchasing an additional 39 shares in the last quarter. Finally, First Command Advisory Services Inc. acquired a new stake in shares of iShares Russell 1000 ETF in the third quarter valued at approximately $31,000.

iShares Russell 1000 ETF Price Performance

IWB stock opened at $359.37 on Tuesday. The company has a 50 day moving average price of $374.22 and a 200 day moving average price of $371.17. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $382.34. The stock has a market capitalization of $44.36 billion, a PE ratio of 24.71 and a beta of 1.01.

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.