iShares Russell 1000 ETF (NYSEARCA:IWB) is Texas Capital Bancshares Inc TX’s 6th Largest Position

Texas Capital Bancshares Inc TX reduced its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 8.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 15,681 shares of the company’s stock after selling 1,415 shares during the period. iShares Russell 1000 ETF makes up 2.0% of Texas Capital Bancshares Inc TX’s investment portfolio, making the stock its 6th largest holding. Texas Capital Bancshares Inc TX’s holdings in iShares Russell 1000 ETF were worth $5,052,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of IWB. Texas Capital Bank Wealth Management Services Inc grew its stake in shares of iShares Russell 1000 ETF by 0.9% in the 4th quarter. Texas Capital Bank Wealth Management Services Inc now owns 29,149 shares of the company’s stock valued at $9,391,000 after purchasing an additional 272 shares during the last quarter. Redwood Park Advisors LLC acquired a new stake in shares of iShares Russell 1000 ETF during the fourth quarter worth $27,000. Azimuth Capital Investment Management LLC grew its position in iShares Russell 1000 ETF by 13.5% in the 4th quarter. Azimuth Capital Investment Management LLC now owns 2,619 shares of the company’s stock valued at $844,000 after buying an additional 311 shares during the last quarter. Advisory Services Network LLC increased its stake in iShares Russell 1000 ETF by 51.2% in the 4th quarter. Advisory Services Network LLC now owns 15,960 shares of the company’s stock valued at $5,142,000 after buying an additional 5,402 shares during the period. Finally, Renaissance Technologies LLC purchased a new position in iShares Russell 1000 ETF during the 4th quarter worth $13,047,000.

iShares Russell 1000 ETF Stock Performance

IWB stock opened at $287.75 on Friday. iShares Russell 1000 ETF has a one year low of $264.17 and a one year high of $337.76. The company has a fifty day moving average of $314.75 and a 200-day moving average of $321.22. The stock has a market capitalization of $34.86 billion, a PE ratio of 24.07 and a beta of 1.03.

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.