739 Shares in iShares Russell 1000 ETF (NYSEARCA:IWB) Purchased by Parkworth Wealth Management Inc.

Parkworth Wealth Management Inc. acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 739 shares of the company’s stock, valued at approximately $238,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Clarkston Capital Partners LLC purchased a new position in iShares Russell 1000 ETF in the third quarter worth $32,000. Golden State Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF during the 4th quarter valued at about $37,000. Crews Bank & Trust purchased a new stake in iShares Russell 1000 ETF during the 4th quarter valued at about $37,000. Archer Investment Corp purchased a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter valued at approximately $37,000. Finally, Centricity Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at approximately $39,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $305.02 on Wednesday. The stock has a market capitalization of $36.21 billion, a P/E ratio of 26.23 and a beta of 1.03. The company has a 50 day moving average price of $327.58 and a 200 day moving average price of $322.30. iShares Russell 1000 ETF has a fifty-two week low of $271.54 and a fifty-two 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.