Argent Capital Management LLC Makes New Investment in iShares Russell 1000 ETF $IWB

Argent Capital Management LLC purchased a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 199,085 shares of the company’s stock, valued at approximately $74,346,000. iShares Russell 1000 ETF accounts for about 2.1% of Argent Capital Management LLC’s investment portfolio, making the stock its 17th biggest holding. Argent Capital Management LLC owned approximately 0.16% of iShares Russell 1000 ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Jones Financial Companies Lllp boosted its holdings in iShares Russell 1000 ETF by 3.9% during the third quarter. Jones Financial Companies Lllp now owns 11,256,502 shares of the company’s stock valued at $4,092,759,000 after acquiring an additional 427,736 shares during the period. Bank of America Corp DE increased its stake in shares of iShares Russell 1000 ETF by 14.9% in the second quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after purchasing an additional 616,717 shares during the period. M&T Bank Corp lifted its position in shares of iShares Russell 1000 ETF by 4.0% during the 2nd quarter. M&T Bank Corp now owns 2,923,970 shares of the company’s stock worth $992,892,000 after purchasing an additional 112,152 shares during the last quarter. Focus Partners Wealth lifted its position in shares of iShares Russell 1000 ETF by 86.1% during the 3rd quarter. Focus Partners Wealth now owns 1,739,749 shares of the company’s stock worth $635,852,000 after purchasing an additional 805,083 shares during the last quarter. Finally, Johnson Investment Counsel Inc. boosted its stake in iShares Russell 1000 ETF by 1.5% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 1,426,322 shares of the company’s stock valued at $521,292,000 after purchasing an additional 21,288 shares during the period.

iShares Russell 1000 ETF Stock Down 0.2%

IWB opened at $360.65 on Friday. The firm has a market capitalization of $44.52 billion, a P/E ratio of 24.71 and a beta of 1.01. The stock’s 50 day moving average price is $375.17 and its two-hundred day moving average price is $370.90. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $382.34.

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.