SVB Wealth LLC Increases Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

SVB Wealth LLC increased its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 30.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,506 shares of the company’s stock after buying an additional 5,499 shares during the period. SVB Wealth LLC’s holdings in iShares Russell 1000 ETF were worth $6,165,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IWB. Moneta Group Investment Advisors LLC lifted its holdings in iShares Russell 1000 ETF by 135,206.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 42,238,638 shares of the company’s stock valued at $8,892,078,000 after purchasing an additional 42,207,421 shares in the last quarter. US Bancorp DE lifted its holdings in iShares Russell 1000 ETF by 214.8% during the third quarter. US Bancorp DE now owns 607,459 shares of the company’s stock valued at $142,698,000 after purchasing an additional 1,136,554 shares in the last quarter. Pathstone Family Office LLC lifted its holdings in iShares Russell 1000 ETF by 2,233.8% during the third quarter. Pathstone Family Office LLC now owns 1,170,028 shares of the company’s stock valued at $274,904,000 after purchasing an additional 1,119,893 shares in the last quarter. Comerica Bank purchased a new position in iShares Russell 1000 ETF during the third quarter valued at $168,447,000. Finally, TIAA Trust National Association purchased a new position in iShares Russell 1000 ETF during the third quarter valued at $166,212,000.

iShares Russell 1000 ETF Stock Down 0.2 %

IWB opened at $276.64 on Wednesday. The company has a market cap of $34.07 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $221.31 and a 52-week high of $288.75. The firm’s fifty day simple moving average is $281.24 and its two-hundred day simple moving average is $261.57.

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.