iShares Russell 1000 ETF $IWB Shares Acquired by Beacon Capital Management LLC

Beacon Capital Management LLC grew its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 10.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 389 shares of the company’s stock after purchasing an additional 37 shares during the period. Beacon Capital Management LLC’s holdings in iShares Russell 1000 ETF were worth $132,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of IWB. Rossby Financial LCC acquired a new position in shares of iShares Russell 1000 ETF in the first quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF during the first quarter worth $28,000. Woodside Wealth Management LLC purchased a new stake in iShares Russell 1000 ETF during the first quarter worth $30,000. Brooklyn Investment Group purchased a new stake in iShares Russell 1000 ETF during the first quarter worth $33,000. Finally, eCIO Inc. purchased a new stake in shares of iShares Russell 1000 ETF in the first quarter valued at $36,000.

iShares Russell 1000 ETF Stock Up 0.6%

Shares of NYSEARCA:IWB opened at $363.59 on Friday. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $366.84. The stock’s fifty day simple moving average is $354.24 and its 200-day simple moving average is $329.89. The company has a market capitalization of $44.30 billion, a P/E ratio of 24.71 and a beta of 1.01.

iShares Russell 1000 ETF 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.