Carter Financial Group INC. Purchases New Position in iShares Russell 1000 ETF $IWB

Carter Financial Group INC. acquired a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,887 shares of the company’s stock, valued at approximately $641,000.

A number of other institutional investors also recently made changes to their positions in IWB. Diversified Enterprises LLC acquired a new position in shares of iShares Russell 1000 ETF during the second quarter worth approximately $229,000. Flow Traders U.S. LLC bought a new stake in iShares Russell 1000 ETF during the 2nd quarter valued at $1,485,000. 17 Capital Partners LLC raised its holdings in iShares Russell 1000 ETF by 5.6% during the second quarter. 17 Capital Partners LLC now owns 4,853 shares of the company’s stock worth $1,648,000 after buying an additional 257 shares during the last quarter. Beacon Pointe Advisors LLC lifted its stake in shares of iShares Russell 1000 ETF by 0.9% in the second quarter. Beacon Pointe Advisors LLC now owns 116,486 shares of the company’s stock valued at $39,555,000 after buying an additional 1,066 shares in the last quarter. Finally, Vise Technologies Inc. bought a new position in shares of iShares Russell 1000 ETF in the second quarter valued at $5,037,000.

iShares Russell 1000 ETF Price Performance

NYSEARCA:IWB opened at $373.77 on Friday. The firm has a 50-day moving average of $369.75 and a 200-day moving average of $354.80. The company has a market cap of $45.00 billion, a PE ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a one year low of $264.17 and a one year high of $378.00.

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.