Park Place Capital Corp Purchases New Stake in iShares Russell 1000 ETF $IWB

Park Place Capital Corp acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 1,773 shares of the company’s stock, valued at approximately $662,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Capital A Wealth Management LLC acquired a new position in iShares Russell 1000 ETF during the 2nd quarter valued at about $30,000. Caldwell Trust Co bought a new position in shares of iShares Russell 1000 ETF in the 2nd quarter valued at about $30,000. Highline Wealth Partners LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $30,000. Cary Street Partners Investment Advisory LLC grew its position in shares of iShares Russell 1000 ETF by 75.0% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 91 shares of the company’s stock worth $31,000 after buying an additional 39 shares during the period. Finally, First Command Advisory Services Inc. bought a new stake in shares of iShares Russell 1000 ETF during the third quarter worth approximately $31,000.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB opened at $359.37 on Tuesday. The company’s 50 day simple moving average is $374.22 and its 200 day simple moving average is $371.17. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $382.34. The firm has a market capitalization of $44.36 billion, a P/E ratio of 24.71 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.