McAdam LLC Has $342,000 Stock Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

McAdam LLC boosted its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 12.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,150 shares of the company’s stock after buying an additional 131 shares during the quarter. McAdam LLC’s holdings in iShares Russell 1000 ETF were worth $342,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of IWB. LRI Investments LLC bought a new position in iShares Russell 1000 ETF in the 1st quarter worth approximately $27,000. Transcendent Capital Group LLC raised its stake in iShares Russell 1000 ETF by 76.4% during the 2nd 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. Robinson Capital Management LLC acquired a new position in iShares Russell 1000 ETF during the 4th quarter valued at $33,000. JNBA Financial Advisors bought a new stake in iShares Russell 1000 ETF in the 1st quarter valued at $50,000. Finally, Concourse Financial Group Securities Inc. grew its position in iShares Russell 1000 ETF by 164.0% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 198 shares of the company’s stock worth $57,000 after purchasing an additional 123 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $308.14 on Friday. The company has a 50-day simple moving average of $299.57 and a 200-day simple moving average of $289.07. iShares Russell 1000 ETF has a 52 week low of $224.41 and a 52 week high of $309.61. The firm has a market capitalization of $37.82 billion, a P/E ratio of 24.68 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.