Ground Swell Capital LLC Takes $1.62 Million Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Ground Swell Capital LLC acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,457 shares of the company’s stock, valued at approximately $1,624,000. iShares Russell 1000 ETF makes up about 1.3% of Ground Swell Capital LLC’s investment portfolio, making the stock its 7th biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWB. LRI Investments LLC purchased a new position in shares of iShares Russell 1000 ETF in the first quarter worth $27,000. Transcendent Capital Group LLC raised its stake in iShares Russell 1000 ETF by 76.4% in the 2nd quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock worth $29,000 after acquiring an additional 42 shares during the last quarter. Robinson Capital Management LLC acquired a new stake in iShares Russell 1000 ETF during the 4th quarter worth about $33,000. Rosenberg Matthew Hamilton grew its stake in iShares Russell 1000 ETF by 176.7% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock valued at $35,000 after purchasing an additional 76 shares during the last quarter. Finally, JNBA Financial Advisors acquired a new position in shares of iShares Russell 1000 ETF in the first quarter valued at about $50,000.

iShares Russell 1000 ETF Stock Up 0.4 %

iShares Russell 1000 ETF stock opened at $300.28 on Wednesday. The stock has a 50-day moving average price of $300.90 and a 200 day moving average price of $291.57. The company has a market capitalization of $36.86 billion, a price-to-earnings 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 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.