J.Safra Asset Management Corp Makes New Investment in iShares Russell 1000 ETF (NYSEARCA:IWB)

J.Safra Asset Management Corp purchased a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 11,010 shares of the company’s stock, valued at approximately $3,561,000. iShares Russell 1000 ETF comprises approximately 0.3% of J.Safra Asset Management Corp’s portfolio, making the stock its 29th largest holding.

A number of other hedge funds have also modified their holdings of IWB. Jones Financial Companies Lllp boosted its position in iShares Russell 1000 ETF by 5.0% during the fourth quarter. Jones Financial Companies Lllp now owns 9,740,751 shares of the company’s stock valued at $3,138,080,000 after purchasing an additional 460,808 shares during the last quarter. LPL Financial LLC raised its stake in shares of iShares Russell 1000 ETF by 2.2% during the 3rd quarter. LPL Financial LLC now owns 2,394,007 shares of the company’s stock worth $752,652,000 after purchasing an additional 52,616 shares in the last quarter. Millburn Ridgefield Corp lifted its holdings in shares of iShares Russell 1000 ETF by 5.1% during the 4th quarter. Millburn Ridgefield Corp now owns 1,605,165 shares of the company’s stock valued at $517,120,000 after buying an additional 77,537 shares during the last quarter. Pathstone Holdings LLC lifted its holdings in shares of iShares Russell 1000 ETF by 0.4% during the 3rd quarter. Pathstone Holdings LLC now owns 1,147,674 shares of the company’s stock valued at $360,544,000 after buying an additional 4,412 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of iShares Russell 1000 ETF by 398.0% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock valued at $313,132,000 after buying an additional 796,000 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $316.67 on Wednesday. The firm has a market cap of $37.59 billion, a PE ratio of 26.23 and a beta of 1.03. The firm’s 50 day moving average price is $329.00 and its 200 day moving average price is $322.08. iShares Russell 1000 ETF has a twelve month low of $271.54 and a twelve month high of $337.76.

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.