Galvin Gaustad & Stein LLC Acquires New Position in iShares Russell 1000 ETF $IWB

Galvin Gaustad & Stein LLC acquired a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 617 shares of the company’s stock, valued at approximately $210,000.

Other institutional investors also recently bought and sold shares of the company. Quadrant Private Wealth Management LLC grew its position in iShares Russell 1000 ETF by 137.6% during the 1st quarter. Quadrant Private Wealth Management LLC now owns 1,604 shares of the company’s stock valued at $492,000 after purchasing an additional 929 shares during the last quarter. Diversified Enterprises LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 2nd quarter valued at about $229,000. Beacon Capital Management LLC boosted its holdings in shares of iShares Russell 1000 ETF by 10.5% during the 2nd quarter. Beacon Capital Management LLC now owns 389 shares of the company’s stock valued at $132,000 after acquiring an additional 37 shares during the last quarter. Sowell Financial Services LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 1st quarter valued at about $598,000. Finally, Capital Advisors Wealth Management LLC boosted its holdings in shares of iShares Russell 1000 ETF by 14.3% during the 1st quarter. Capital Advisors Wealth Management LLC now owns 1,301 shares of the company’s stock valued at $399,000 after acquiring an additional 163 shares during the last quarter.

iShares Russell 1000 ETF Stock Down 2.7%

Shares of NYSEARCA IWB opened at $358.39 on Friday. The firm’s 50-day moving average price is $358.02 and its 200-day moving average price is $333.63. The company has a market cap of $42.81 billion, a PE ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $264.17 and a 52-week high of $369.87.

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.