Telos Capital Management Inc. Invests $208,000 in iShares Russell 1000 ETF $IWB

Telos Capital Management Inc. acquired a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 612 shares of the company’s stock, valued at approximately $208,000.

A number of other hedge funds also recently made changes to their positions in IWB. Quadrant Private Wealth Management LLC increased its holdings in iShares Russell 1000 ETF by 137.6% in the first quarter. Quadrant Private Wealth Management LLC now owns 1,604 shares of the company’s stock worth $492,000 after purchasing an additional 929 shares in the last quarter. Diversified Enterprises LLC bought a new stake in iShares Russell 1000 ETF in the second quarter worth approximately $229,000. Beacon Capital Management LLC increased its holdings in iShares Russell 1000 ETF by 10.5% in the second quarter. Beacon Capital Management LLC now owns 389 shares of the company’s stock worth $132,000 after purchasing an additional 37 shares in the last quarter. Purkiss Capital Advisors LLC bought a new stake in iShares Russell 1000 ETF in the second quarter worth approximately $254,000. Finally, Assetmark Inc. increased its holdings in iShares Russell 1000 ETF by 51.6% in the first quarter. Assetmark Inc. now owns 7,632 shares of the company’s stock worth $2,341,000 after purchasing an additional 2,599 shares in the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB stock opened at $374.08 on Tuesday. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $377.77. The stock has a 50 day simple moving average of $364.04 and a two-hundred day simple moving average of $342.94. The company has a market cap of $44.85 billion, a P/E ratio of 24.71 and a beta of 1.01.

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.