Joseph Group Capital Management Takes Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Joseph Group Capital Management purchased a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,419 shares of the company’s stock, valued at approximately $422,000.

Several other institutional investors have also bought and sold shares of IWB. LRI Investments LLC purchased a new position in shares of iShares Russell 1000 ETF during the 1st quarter valued at $27,000. Transcendent Capital Group LLC lifted its holdings in iShares Russell 1000 ETF by 76.4% during the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after purchasing an additional 42 shares during the last quarter. Rosenberg Matthew Hamilton boosted its position in iShares Russell 1000 ETF by 176.7% during the second quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock worth $35,000 after purchasing an additional 76 shares during the period. JNBA Financial Advisors purchased a new position in shares of iShares Russell 1000 ETF in the first quarter worth about $50,000. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 2nd quarter valued at approximately $54,000.

iShares Russell 1000 ETF Trading Up 1.7 %

IWB opened at $313.16 on Friday. The company has a 50 day moving average of $301.55 and a 200 day moving average of $292.78. iShares Russell 1000 ETF has a 12 month low of $224.41 and a 12 month high of $314.20. The company has a market cap of $38.44 billion, a PE ratio of 24.68 and a beta of 1.01.

iShares Russell 1000 ETF 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.