Phillip James Consulting Co. Invests $4.31 Million in iShares Russell 1000 ETF $IWB

Phillip James Consulting Co. bought a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 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 holdings, making the stock its 11th largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Mayport LLC purchased a new stake in shares of iShares Russell 1000 ETF in the 4th quarter worth about $878,000. Sumitomo Mitsui Trust Group Inc. increased its position 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 buying an additional 2,293 shares during the period. Whittier Trust Co. increased its position in shares of iShares Russell 1000 ETF by 2.1% during the fourth quarter. Whittier Trust Co. now owns 85,261 shares of the company’s stock valued at $32,352,000 after buying an additional 1,746 shares during the period. Vista Capital Partners Inc. raised its stake in iShares Russell 1000 ETF by 149.0% in the fourth quarter. Vista Capital Partners Inc. now owns 6,026 shares of the company’s stock worth $2,250,000 after buying an additional 3,606 shares in the last quarter. Finally, TD Waterhouse Canada Inc. bought a new position in iShares Russell 1000 ETF in the fourth quarter worth about $1,344,000.

iShares Russell 1000 ETF Price Performance

Shares of IWB opened at $409.43 on Wednesday. iShares Russell 1000 ETF has a one year low of $340.11 and a one year high of $415.11. The company has a 50-day simple moving average of $407.40 and a two-hundred day simple moving average of $387.08. The firm has a market capitalization of $48.35 billion, a PE 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.