Galvin Gaustad & Stein LLC Invests $210,000 in iShares Russell 1000 ETF $IWB

Galvin Gaustad & Stein LLC acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 617 shares of the company’s stock, valued at approximately $210,000.

Other institutional investors have also recently made changes to their positions in the company. Quadrant Private Wealth Management LLC lifted its stake in shares of iShares Russell 1000 ETF by 137.6% in the 1st quarter. Quadrant Private Wealth Management LLC now owns 1,604 shares of the company’s stock worth $492,000 after purchasing an additional 929 shares during the period. Diversified Enterprises LLC bought a new position in shares of iShares Russell 1000 ETF in the 2nd quarter worth approximately $229,000. Beacon Capital Management LLC lifted its stake in shares of iShares Russell 1000 ETF by 10.5% in the 2nd quarter. Beacon Capital Management LLC now owns 389 shares of the company’s stock worth $132,000 after purchasing an additional 37 shares during the period. Sowell Financial Services LLC bought a new position in shares of iShares Russell 1000 ETF in the 1st quarter worth approximately $598,000. Finally, Capital Advisors Wealth Management LLC lifted its stake in shares of iShares Russell 1000 ETF by 14.3% in the 1st quarter. Capital Advisors Wealth Management LLC now owns 1,301 shares of the company’s stock worth $399,000 after purchasing an additional 163 shares during the period.

iShares Russell 1000 ETF Trading Down 2.7%

NYSEARCA IWB opened at $358.39 on Friday. iShares Russell 1000 ETF has a 12 month low of $264.17 and a 12 month high of $369.87. The stock has a market cap of $42.81 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. The company’s 50 day moving average is $358.02 and its two-hundred day moving average is $333.63.

iShares Russell 1000 ETF Company 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.