Palatine Hill Wealth Management LLC Makes New $937,000 Investment in iShares Russell 1000 ETF $IWB

Palatine Hill Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, Holdings Channel reports. The firm bought 2,509 shares of the company’s stock, valued at approximately $937,000. iShares Russell 1000 ETF makes up 0.8% of Palatine Hill Wealth Management LLC’s investment portfolio, making the stock its 17th biggest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. grew its position in iShares Russell 1000 ETF by 20.2% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 13,623 shares of the company’s stock worth $5,087,000 after buying an additional 2,293 shares during the period. Corepath Wealth Partners LLC grew its position in iShares Russell 1000 ETF by 495.5% during the third quarter. Corepath Wealth Partners LLC now owns 22,022 shares of the company’s stock worth $8,123,000 after buying an additional 18,324 shares during the period. Mayport LLC acquired a new position in iShares Russell 1000 ETF during the fourth quarter worth about $878,000. Vista Capital Partners Inc. grew its position in iShares Russell 1000 ETF by 149.0% during the fourth quarter. Vista Capital Partners Inc. now owns 6,026 shares of the company’s stock worth $2,250,000 after buying an additional 3,606 shares during the period. Finally, Uniting Wealth Partners LLC acquired a new position in iShares Russell 1000 ETF during the third quarter worth about $1,288,000.

iShares Russell 1000 ETF Trading Up 0.2%

Shares of IWB opened at $414.78 on Wednesday. The firm’s 50-day moving average is $385.44 and its two-hundred day moving average is $378.02. iShares Russell 1000 ETF has a twelve month low of $325.07 and a twelve month high of $415.11. The firm has a market capitalization of $48.80 billion, a P/E ratio of 24.71 and a beta of 1.00.

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.