LCW Services LLC Takes Position in iShares Russell 1000 ETF $IWB

by · The Markets Daily

LCW Services LLC acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWBFree Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 3,634 shares of the company’s stock, valued at approximately $1,357,000. iShares Russell 1000 ETF comprises about 0.7% of LCW Services LLC’s investment portfolio, making the stock its 20th biggest position.

A number of other institutional investors also recently modified their holdings of IWB. Focus Partners Wealth lifted its position in shares of iShares Russell 1000 ETF by 86.1% during the 3rd quarter. Focus Partners Wealth now owns 1,739,749 shares of the company’s stock valued at $635,852,000 after acquiring an additional 805,083 shares during the period. Bank of America Corp DE lifted its position in shares of iShares Russell 1000 ETF by 14.9% during the 2nd quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock valued at $1,619,105,000 after acquiring an additional 616,717 shares during the period. Allstate Corp lifted its position in shares of iShares Russell 1000 ETF by 125.4% during the 4th quarter. Allstate Corp now owns 1,078,170 shares of the company’s stock valued at $402,632,000 after acquiring an additional 599,755 shares during the period. CIBC Bancorp USA Inc. acquired a new position in shares of iShares Russell 1000 ETF during the 3rd quarter valued at $133,604,000. Finally, Orion Porfolio Solutions LLC lifted its position in shares of iShares Russell 1000 ETF by 506.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 302,116 shares of the company’s stock valued at $102,590,000 after acquiring an additional 252,307 shares during the period.

iShares Russell 1000 ETF Stock Down 2.6%

iShares Russell 1000 ETF stock opened at $403.01 on Friday. iShares Russell 1000 ETF has a 12-month low of $325.31 and a 12-month high of $415.11. The firm’s fifty day moving average is $389.66 and its 200 day moving average is $379.10. The company has a market capitalization of $47.41 billion, a PE ratio of 24.71 and a beta of 1.00.

About iShares Russell 1000 ETF

(Free Report)

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.

See Also

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