J.Safra Asset Management Corp Invests $4.39 Million in iShares Russell 1000 ETF $IWB

J.Safra Asset Management Corp acquired a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 11,765 shares of the company’s stock, valued at approximately $4,393,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of 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 valued at $5,087,000 after acquiring an additional 2,293 shares in the last quarter. Corepath Wealth Partners LLC boosted its holdings in iShares Russell 1000 ETF by 495.5% in the third quarter. Corepath Wealth Partners LLC now owns 22,022 shares of the company’s stock valued at $8,123,000 after acquiring an additional 18,324 shares in the last quarter. Mayport LLC purchased a new position in iShares Russell 1000 ETF during the 4th quarter valued at $878,000. Whittier Trust Co. increased its position in iShares Russell 1000 ETF by 2.1% during the 4th quarter. Whittier Trust Co. now owns 85,261 shares of the company’s stock valued at $32,352,000 after purchasing an additional 1,746 shares during the period. Finally, Vista Capital Partners Inc. raised its holdings in iShares Russell 1000 ETF by 149.0% in the 4th quarter. Vista Capital Partners Inc. now owns 6,026 shares of the company’s stock worth $2,250,000 after purchasing an additional 3,606 shares in the last quarter.

iShares Russell 1000 ETF Trading Down 1.6%

NYSEARCA:IWB opened at $396.80 on Thursday. The company has a 50-day moving average price of $392.77 and a 200-day moving average price of $380.07. iShares Russell 1000 ETF has a 12 month low of $325.31 and a 12 month high of $415.11. The stock has a market cap of $46.68 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00.

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.