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

Texas Capital Bancshares Inc TX trimmed its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 8.3% during the fourth quarter, Holdings Channel reports. The firm owned 15,681 shares of the company’s stock after selling 1,415 shares during the quarter. iShares Russell 1000 ETF comprises approximately 2.0% of Texas Capital Bancshares Inc TX’s holdings, making the stock its 6th biggest position. Texas Capital Bancshares Inc TX’s holdings in iShares Russell 1000 ETF were worth $5,052,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $196,217,000. Constellation Investments Inc. acquired a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth $182,162,000. Proficio Capital Partners LLC lifted its position in shares of iShares Russell 1000 ETF by 32,116.0% in the fourth quarter. Proficio Capital Partners LLC now owns 480,018 shares of the company’s stock valued at $154,643,000 after acquiring an additional 478,528 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of iShares Russell 1000 ETF by 5.0% during the fourth quarter. Jones Financial Companies Lllp now owns 9,740,751 shares of the company’s stock valued at $3,138,080,000 after acquiring an additional 460,808 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in iShares Russell 1000 ETF by 9.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,682,078 shares of the company’s stock worth $1,508,378,000 after purchasing an additional 422,237 shares in the last quarter.

iShares Russell 1000 ETF Trading Down 3.5 %

NYSEARCA:IWB opened at $287.75 on Friday. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $337.76. The firm has a market cap of $34.86 billion, a price-to-earnings ratio of 24.07 and a beta of 1.03. The company’s 50-day moving average is $314.75 and its two-hundred day moving average is $321.22.

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.