Gilliland Jeter Wealth Management LLC Purchases New Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Gilliland Jeter Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,100 shares of the company’s stock, valued at approximately $288,000.

Other institutional investors have also made changes to their positions in the company. Mascoma Wealth Management LLC bought a new stake in iShares Russell 1000 ETF during the fourth quarter worth $25,000. Cullen Frost Bankers Inc. bought a new stake in iShares Russell 1000 ETF during the third quarter worth $28,000. Baystate Wealth Management LLC lifted its stake in iShares Russell 1000 ETF by 70.8% during the fourth quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock worth $32,000 after purchasing an additional 51 shares during the last quarter. Stonebridge Capital Advisors LLC lifted its stake in iShares Russell 1000 ETF by 113.0% during the third quarter. Stonebridge Capital Advisors LLC now owns 196 shares of the company’s stock worth $46,000 after purchasing an additional 104 shares during the last quarter. Finally, Eukles Asset Management lifted its stake in iShares Russell 1000 ETF by 54.7% during the third quarter. Eukles Asset Management now owns 263 shares of the company’s stock worth $62,000 after purchasing an additional 93 shares during the last quarter.

iShares Russell 1000 ETF Trading Up 1.0 %

NYSEARCA IWB traded up $2.65 on Friday, hitting $279.45. 541,953 shares of the company’s stock were exchanged, compared to its average volume of 721,134. The stock has a 50-day moving average of $281.46 and a 200-day moving average of $263.51. iShares Russell 1000 ETF has a 52 week low of $221.31 and a 52 week high of $288.75. The stock has a market cap of $34.41 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01.

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.