Quadrant Private Wealth Management LLC Purchases 200 Shares of iShares Russell 1000 ETF $IWB

Quadrant Private Wealth Management LLC increased its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 12.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,804 shares of the company’s stock after buying an additional 200 shares during the period. Quadrant Private Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $613,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Diversified Enterprises LLC purchased a new stake in iShares Russell 1000 ETF during the second quarter valued at approximately $229,000. Beacon Capital Management LLC boosted its holdings 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. Purkiss Capital Advisors LLC bought a new position in shares of iShares Russell 1000 ETF during the 2nd quarter valued at approximately $254,000. Assetmark Inc. increased its position in shares of iShares Russell 1000 ETF by 51.6% during the 1st quarter. Assetmark Inc. now owns 7,632 shares of the company’s stock valued at $2,341,000 after purchasing an additional 2,599 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. raised its holdings in iShares Russell 1000 ETF by 4.8% during the 1st quarter. Mesirow Financial Investment Management Inc. now owns 6,350 shares of the company’s stock valued at $1,948,000 after buying an additional 290 shares during the period.

iShares Russell 1000 ETF Trading Up 0.2%

Shares of IWB opened at $367.60 on Friday. iShares Russell 1000 ETF has a twelve month low of $264.17 and a twelve month high of $377.77. The company has a market cap of $44.26 billion, a P/E ratio of 24.71 and a beta of 1.01. The company’s fifty day simple moving average is $365.12 and its 200-day simple moving average is $344.46.

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.