Constellation Investments Inc. Acquires Shares of 565,441 iShares Russell 1000 ETF (NYSEARCA:IWB)

Constellation Investments Inc. bought a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 565,441 shares of the company’s stock, valued at approximately $182,162,000. iShares Russell 1000 ETF makes up about 8.3% of Constellation Investments Inc.’s holdings, making the stock its 4th largest position.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Savant Capital LLC lifted its position in iShares Russell 1000 ETF by 8.0% in the 4th quarter. Savant Capital LLC now owns 47,065 shares of the company’s stock valued at $15,162,000 after acquiring an additional 3,479 shares in the last quarter. 17 Capital Partners LLC raised its stake in shares of iShares Russell 1000 ETF by 2.4% in the fourth quarter. 17 Capital Partners LLC now owns 4,386 shares of the company’s stock worth $1,413,000 after purchasing an additional 102 shares during the last quarter. Kestra Private Wealth Services LLC lifted its holdings in shares of iShares Russell 1000 ETF by 64.5% during the fourth quarter. Kestra Private Wealth Services LLC now owns 5,813 shares of the company’s stock valued at $1,873,000 after purchasing an additional 2,279 shares in the last quarter. Moser Wealth Advisors LLC boosted its position in shares of iShares Russell 1000 ETF by 2.6% during the fourth quarter. Moser Wealth Advisors LLC now owns 1,804 shares of the company’s stock valued at $581,000 after buying an additional 46 shares during the last quarter. Finally, Stephens Inc. AR increased its holdings in iShares Russell 1000 ETF by 6.9% in the 4th quarter. Stephens Inc. AR now owns 80,153 shares of the company’s stock worth $25,822,000 after buying an additional 5,155 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

IWB opened at $331.56 on Monday. The company’s 50-day simple moving average is $329.35 and its two-hundred day simple moving average is $317.68. The stock has a market capitalization of $40.70 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $269.98 and a 52-week high of $336.61.

iShares Russell 1000 ETF Company 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.