Fairway Wealth LLC Takes Position in iShares Russell 1000 ETF $IWB

Fairway Wealth LLC bought a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 402 shares of the company’s stock, valued at approximately $137,000.

Other institutional investors have also added to or reduced their stakes in the company. Quadrant Private Wealth Management LLC raised its position in shares of iShares Russell 1000 ETF by 137.6% during 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 during the period. Diversified Enterprises LLC bought a new stake in iShares Russell 1000 ETF during the 2nd quarter valued at $229,000. Beacon Capital Management LLC raised its holdings in iShares Russell 1000 ETF by 10.5% during the second quarter. Beacon Capital Management LLC now owns 389 shares of the company’s stock worth $132,000 after buying an additional 37 shares during the last quarter. Capital Advisors Wealth Management LLC lifted its stake in shares of iShares Russell 1000 ETF by 14.3% in the first quarter. Capital Advisors Wealth Management LLC now owns 1,301 shares of the company’s stock valued at $399,000 after buying an additional 163 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in shares of iShares Russell 1000 ETF by 51.6% during the first quarter. Assetmark Inc. now owns 7,632 shares of the company’s stock valued at $2,341,000 after buying an additional 2,599 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

NYSEARCA:IWB opened at $364.57 on Monday. iShares Russell 1000 ETF has a one year low of $264.17 and a one year high of $369.87. The company has a market cap of $43.62 billion, a PE ratio of 24.71 and a beta of 1.01. The firm has a 50-day moving average of $359.69 and a 200-day moving average of $336.00.

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.