Simplex Trading LLC Purchases New Position in iShares Russell 1000 ETF $IWB

Simplex Trading LLC acquired a new position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 681 shares of the company’s stock, valued at approximately $231,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Quadrant Private Wealth Management LLC raised its position 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 valued at $492,000 after purchasing an additional 929 shares during the last quarter. Diversified Enterprises LLC bought a new stake in shares of iShares Russell 1000 ETF during the second quarter worth about $229,000. Beacon Capital Management LLC increased its stake in shares of iShares Russell 1000 ETF by 10.5% in the second quarter. Beacon Capital Management LLC now owns 389 shares of the company’s stock valued at $132,000 after buying an additional 37 shares during the period. Purkiss Capital Advisors LLC bought a new position in iShares Russell 1000 ETF in the 2nd quarter valued at approximately $254,000. Finally, Assetmark Inc. raised its holdings in iShares Russell 1000 ETF by 51.6% in the 1st 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

IWB opened at $367.88 on Friday. iShares Russell 1000 ETF has a fifty-two week low of $264.17 and a fifty-two week high of $377.77. The company’s 50 day moving average price is $366.80 and its two-hundred day moving average price is $347.02. The firm has a market capitalization of $44.29 billion, a price-to-earnings ratio of 24.71 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.