Corient Private Wealth LLC Grows Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Corient Private Wealth LLC raised its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 165,944 shares of the company’s stock after acquiring an additional 3,766 shares during the period. Corient Private Wealth LLC owned approximately 0.13% of iShares Russell 1000 ETF worth $43,521,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sachetta LLC bought a new position in shares of iShares Russell 1000 ETF during the 4th quarter valued at about $20,630,000. Wells Fargo & Company MN increased its position in shares of iShares Russell 1000 ETF by 2.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,427,248 shares of the company’s stock valued at $374,310,000 after purchasing an additional 30,635 shares during the last quarter. Thoroughbred Financial Services LLC bought a new position in shares of iShares Russell 1000 ETF during the 4th quarter valued at about $600,000. Gladstone Institutional Advisory LLC increased its position in shares of iShares Russell 1000 ETF by 17.0% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 2,870 shares of the company’s stock valued at $753,000 after purchasing an additional 417 shares during the last quarter. Finally, Allegheny Financial Group LTD increased its position in shares of iShares Russell 1000 ETF by 9.0% during the 4th quarter. Allegheny Financial Group LTD now owns 5,197 shares of the company’s stock valued at $1,363,000 after purchasing an additional 427 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB traded down $0.15 on Wednesday, hitting $291.66. 149,688 shares of the company were exchanged, compared to its average volume of 717,260. The firm has a fifty day simple moving average of $283.32 and a two-hundred day simple moving average of $270.07. iShares Russell 1000 ETF has a 12 month low of $224.41 and a 12 month high of $291.99. The stock has a market capitalization of $35.80 billion, a PE ratio of 24.68 and a beta of 1.01.

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.