Ground Swell Capital LLC Acquires New Position in iShares Russell 1000 ETF $IWB

Ground Swell Capital LLC acquired a new stake 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 fund acquired 2,842 shares of the company’s stock, valued at approximately $965,000. iShares Russell 1000 ETF makes up 1.5% of Ground Swell Capital LLC’s investment portfolio, making the stock its 3rd largest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cardinal Point Capital Management ULC increased its stake in shares of iShares Russell 1000 ETF by 33.2% in the 2nd quarter. Cardinal Point Capital Management ULC now owns 1,304 shares of the company’s stock valued at $443,000 after purchasing an additional 325 shares during the last quarter. FSM Wealth Advisors LLC boosted its stake in iShares Russell 1000 ETF by 251.5% in the second quarter. FSM Wealth Advisors LLC now owns 3,311 shares of the company’s stock valued at $1,130,000 after buying an additional 2,369 shares in the last quarter. Hoge Financial Services LLC grew its position in iShares Russell 1000 ETF by 4.9% in the second quarter. Hoge Financial Services LLC now owns 112,795 shares of the company’s stock valued at $38,360,000 after acquiring an additional 5,223 shares during the last quarter. Bleakley Financial Group LLC grew its position in iShares Russell 1000 ETF by 2.3% in the second quarter. Bleakley Financial Group LLC now owns 22,166 shares of the company’s stock valued at $7,527,000 after acquiring an additional 491 shares during the last quarter. Finally, Cambridge Capital Management LLC acquired a new position in iShares Russell 1000 ETF during the second quarter worth about $335,000.

iShares Russell 1000 ETF Trading Up 0.4%

IWB stock opened at $368.84 on Tuesday. The firm has a 50-day moving average price of $356.48 and a 200-day moving average price of $332.48. iShares Russell 1000 ETF has a 12 month low of $264.17 and a 12 month high of $369.35. The stock has a market capitalization of $43.93 billion, a P/E ratio of 24.71 and a beta of 1.01.

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.