Powerhouse Assets LLC Acquires New Stake in iShares Russell 1000 ETF $IWB

Powerhouse Assets LLC acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 1,572 shares of the company’s stock, valued at approximately $587,000.

Other large investors also recently bought and sold shares of the company. Focus Partners Wealth lifted its stake in shares of iShares Russell 1000 ETF by 86.1% in the 3rd quarter. Focus Partners Wealth now owns 1,739,749 shares of the company’s stock worth $635,852,000 after acquiring an additional 805,083 shares during the period. Bank of America Corp DE increased 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 acquiring an additional 616,717 shares during the period. Allstate Corp increased its stake in shares of iShares Russell 1000 ETF by 1,077.8% during the third quarter. Allstate Corp now owns 478,415 shares of the company’s stock worth $174,851,000 after acquiring an additional 437,794 shares during the period. Jones Financial Companies Lllp raised its holdings in iShares Russell 1000 ETF by 3.9% during the third quarter. Jones Financial Companies Lllp now owns 11,256,502 shares of the company’s stock worth $4,092,759,000 after purchasing an additional 427,736 shares in the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new position in iShares Russell 1000 ETF during the third quarter worth about $133,604,000.

iShares Russell 1000 ETF Stock Up 0.8%

Shares of NYSEARCA:IWB opened at $359.36 on Thursday. iShares Russell 1000 ETF has a 52 week low of $264.17 and a 52 week high of $382.34. The company has a 50-day moving average price of $370.96 and a 200 day moving average price of $370.88. The company has a market cap of $44.36 billion, a P/E ratio of 24.71 and a beta of 1.01.

iShares Russell 1000 ETF Company 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.