Napier Financial LLC Takes Position in iShares Russell 1000 ETF $IWB

Napier Financial LLC purchased a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 152,542 shares of the company’s stock, valued at approximately $56,965,000. iShares Russell 1000 ETF accounts for approximately 14.2% of Napier Financial LLC’s holdings, making the stock its biggest holding. Napier Financial LLC owned about 0.12% of iShares Russell 1000 ETF at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. REAP Financial Group LLC purchased a new stake in iShares Russell 1000 ETF in the fourth quarter valued at approximately $28,000. True Wealth Design LLC purchased a new stake in iShares Russell 1000 ETF in the fourth quarter valued at approximately $32,000. Optima Capital LLC purchased a new stake in iShares Russell 1000 ETF in the fourth quarter valued at approximately $32,000. Allspring Global Investments Holdings LLC raised its position in iShares Russell 1000 ETF by 78.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 116 shares of the company’s stock valued at $43,000 after purchasing an additional 51 shares during the period. Finally, Horizon Investments LLC purchased a new stake in iShares Russell 1000 ETF in the fourth quarter valued at approximately $47,000.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB opened at $403.01 on Monday. The firm has a market cap of $47.41 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 52-week low of $325.31 and a 52-week high of $415.11. The business’s 50 day moving average is $389.66 and its two-hundred day moving average is $379.21.

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.