Beacon Capital Management LLC Raises Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Beacon Capital Management LLC lifted its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 21.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 372 shares of the company’s stock after acquiring an additional 65 shares during the quarter. Beacon Capital Management LLC’s holdings in iShares Russell 1000 ETF were worth $111,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. McAdam LLC lifted its holdings in iShares Russell 1000 ETF by 12.9% in the second quarter. McAdam LLC now owns 1,150 shares of the company’s stock worth $342,000 after acquiring an additional 131 shares during the last quarter. Transcendent Capital Group LLC boosted its position in 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 purchasing an additional 42 shares during the period. American Financial Advisors LLC grew its stake in iShares Russell 1000 ETF by 5.5% during the 2nd quarter. American Financial Advisors LLC now owns 124,967 shares of the company’s stock worth $37,183,000 after buying an additional 6,531 shares during the last quarter. Cornerstone Wealth Group LLC increased its position in iShares Russell 1000 ETF by 112.9% in the second quarter. Cornerstone Wealth Group LLC now owns 63,684 shares of the company’s stock worth $18,948,000 after buying an additional 33,773 shares during the period. Finally, Eagle Ridge Investment Management lifted its stake in iShares Russell 1000 ETF by 30.7% in the second quarter. Eagle Ridge Investment Management now owns 3,974 shares of the company’s stock valued at $1,182,000 after buying an additional 933 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

IWB stock traded up $3.58 on Friday, reaching $308.14. The company’s stock had a trading volume of 354,756 shares, compared to its average volume of 789,668. The firm has a fifty day moving average of $299.57 and a two-hundred day moving average of $289.07. The company has a market capitalization of $37.82 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 52 week low of $224.41 and a 52 week high of $309.61.

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.