Texas Capital Bank Wealth Management Services Inc Increases Stock Position in iShares Russell 1000 ETF $IWB

Texas Capital Bank Wealth Management Services Inc raised its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 45.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,267 shares of the company’s stock after buying an additional 13,141 shares during the period. iShares Russell 1000 ETF comprises about 0.9% of Texas Capital Bank Wealth Management Services Inc’s investment portfolio, making the stock its 18th biggest holding. Texas Capital Bank Wealth Management Services Inc’s holdings in iShares Russell 1000 ETF were worth $15,784,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of IWB. First Command Advisory Services Inc. purchased a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter worth about $31,000. True Wealth Design LLC purchased a new position in iShares Russell 1000 ETF during the 4th quarter valued at about $32,000. Optima Capital LLC purchased a new position in iShares Russell 1000 ETF during the 4th quarter valued at about $32,000. Allspring Global Investments Holdings LLC lifted its position in iShares Russell 1000 ETF by 78.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 116 shares of the company’s stock valued at $43,000 after acquiring an additional 51 shares during the period. Finally, Horizon Investments LLC purchased a new position in iShares Russell 1000 ETF during the 4th quarter valued at about $47,000.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB opened at $409.28 on Thursday. iShares Russell 1000 ETF has a 1 year low of $320.46 and a 1 year high of $410.31. The stock has a market cap of $48.15 billion, a P/E ratio of 24.71 and a beta of 1.00. The firm has a 50-day moving average of $382.45 and a 200 day moving average of $377.15.

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.