Phillip James Consulting Co. Acquires Shares of 12,082 iShares Russell 1000 ETF $IWB

Phillip James Consulting Co. acquired a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,082 shares of the company’s stock, valued at approximately $4,308,000. iShares Russell 1000 ETF accounts for about 3.2% of Phillip James Consulting Co.’s investment portfolio, making the stock its 11th biggest holding.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. REAP Financial Group LLC purchased a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth $28,000. Sound Income Strategies LLC purchased a new stake in iShares Russell 1000 ETF during the 1st quarter valued at $28,000. Advocate Investing Services LLC purchased a new stake in iShares Russell 1000 ETF during the 4th quarter valued at $31,000. True Wealth Design LLC bought a new stake in iShares Russell 1000 ETF in the 4th quarter worth $32,000. Finally, Optima Capital LLC bought a new stake in iShares Russell 1000 ETF in the 4th quarter worth $32,000.

iShares Russell 1000 ETF Trading Up 0.8%

IWB stock opened at $409.43 on Wednesday. The stock has a market capitalization of $48.35 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. The firm’s 50-day moving average price is $407.40 and its two-hundred day moving average price is $387.08. iShares Russell 1000 ETF has a 12-month low of $340.11 and a 12-month high of $415.11.

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.