Next Capital Management LLC Purchases 124 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Next Capital Management LLC boosted its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 9.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,414 shares of the company’s stock after purchasing an additional 124 shares during the quarter. Next Capital Management LLC’s holdings in iShares Russell 1000 ETF were worth $230,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in IWB. Weaver Consulting Group bought a new stake in shares of iShares Russell 1000 ETF in the 1st quarter valued at about $43,000. Highland Capital Management LLC increased its stake in shares of iShares Russell 1000 ETF by 38.3% in the 2nd quarter. Highland Capital Management LLC now owns 3,181 shares of the company’s stock valued at $518,000 after acquiring an additional 881 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of iShares Russell 1000 ETF by 13.8% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 304,980 shares of the company’s stock valued at $47,976,000 after acquiring an additional 36,912 shares during the last quarter. Trustcore Financial Services LLC bought a new stake in shares of iShares Russell 1000 ETF in the 1st quarter valued at about $447,000. Finally, Rinet Co LLC increased its stake in shares of iShares Russell 1000 ETF by 5.7% in the 1st quarter. Rinet Co LLC now owns 902,168 shares of the company’s stock valued at $141,920,000 after acquiring an additional 48,247 shares during the last quarter.

Shares of IWB stock traded up $2.27 on Friday, reaching $160.37. The company had a trading volume of 34,323 shares, compared to its average volume of 1,092,932. The company has a 50-day moving average of $164.46 and a 200-day moving average of $159.50. iShares Russell 1000 ETF has a 12 month low of $129.68 and a 12 month high of $168.10.

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.

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Institutional Ownership by Quarter for iShares Russell 1000 ETF (NYSEARCA:IWB)

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