Gilliland Jeter Wealth Management LLC Acquires New Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Gilliland Jeter Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,100 shares of the company’s stock, valued at approximately $288,000.

A number of other large investors have also made changes to their positions in the stock. International Assets Investment Management LLC boosted its stake in shares of iShares Russell 1000 ETF by 1.8% during the fourth quarter. International Assets Investment Management LLC now owns 2,290 shares of the company’s stock valued at $601,000 after acquiring an additional 40 shares during the last quarter. Mycio Wealth Partners LLC lifted its position in iShares Russell 1000 ETF by 0.6% during the fourth quarter. Mycio Wealth Partners LLC now owns 7,496 shares of the company’s stock worth $1,966,000 after buying an additional 42 shares during the period. GPS Wealth Strategies Group LLC lifted its position in iShares Russell 1000 ETF by 1.4% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 3,185 shares of the company’s stock worth $835,000 after buying an additional 43 shares during the period. O Shaughnessy Asset Management LLC lifted its position in iShares Russell 1000 ETF by 0.5% during the third quarter. O Shaughnessy Asset Management LLC now owns 8,838 shares of the company’s stock worth $2,076,000 after buying an additional 44 shares during the period. Finally, Tandem Capital Management Corp ADV lifted its position in iShares Russell 1000 ETF by 1.6% during the fourth quarter. Tandem Capital Management Corp ADV now owns 2,800 shares of the company’s stock worth $734,000 after buying an additional 45 shares during the period.

iShares Russell 1000 ETF Stock Performance

NYSEARCA IWB traded up $2.65 during trading hours on Friday, hitting $279.45. 541,953 shares of the company’s stock were exchanged, compared to its average volume of 721,134. The business’s 50 day moving average is $281.46 and its 200-day moving average is $263.51. iShares Russell 1000 ETF has a 12-month low of $221.31 and a 12-month high of $288.75. The firm has a market capitalization of $34.41 billion, a P/E ratio of 25.11 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.