iShares Russell 1000 ETF (NYSEARCA:IWB) Holdings Reduced by Texas Capital Bancshares Inc TX

Texas Capital Bancshares Inc TX reduced its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,202 shares of the company’s stock after selling 361 shares during the quarter. iShares Russell 1000 ETF comprises approximately 2.5% of Texas Capital Bancshares Inc TX’s holdings, making the stock its 6th largest position. Texas Capital Bancshares Inc TX’s holdings in iShares Russell 1000 ETF were worth $6,011,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LRI Investments LLC purchased a new position in iShares Russell 1000 ETF during the first quarter valued at $27,000. Transcendent Capital Group LLC boosted its position in shares of iShares Russell 1000 ETF by 76.4% during the 2nd quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after acquiring an additional 42 shares during the last quarter. Rosenberg Matthew Hamilton grew its stake in shares of iShares Russell 1000 ETF by 176.7% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock worth $35,000 after buying an additional 76 shares in the last quarter. JNBA Financial Advisors bought a new stake in iShares Russell 1000 ETF during the first quarter worth approximately $50,000. Finally, Strategic Financial Concepts LLC purchased a new stake in iShares Russell 1000 ETF during the second quarter valued at approximately $54,000.

iShares Russell 1000 ETF Stock Performance

Shares of iShares Russell 1000 ETF stock opened at $313.24 on Friday. The stock has a 50 day moving average price of $302.26 and a 200-day moving average price of $293.89. iShares Russell 1000 ETF has a one year low of $224.41 and a one year high of $314.80. The stock has a market cap of $38.45 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

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.