SCS Capital Management LLC Acquires 5,482 Shares of iShares Russell 1000 ETF $IWB

SCS Capital Management LLC lifted its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 11.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,649 shares of the company’s stock after purchasing an additional 5,482 shares during the quarter. SCS Capital Management LLC’s holdings in iShares Russell 1000 ETF were worth $17,878,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of IWB. Kingstone Capital Partners Texas LLC bought a new stake in iShares Russell 1000 ETF during the 2nd quarter worth approximately $412,262,000. Jones Financial Companies Lllp boosted its holdings in shares of iShares Russell 1000 ETF by 5.1% in the first quarter. Jones Financial Companies Lllp now owns 10,240,732 shares of the company’s stock valued at $3,123,735,000 after buying an additional 499,981 shares during the period. Halbert Hargrove Global Advisors LLC increased its position in shares of iShares Russell 1000 ETF by 2,783.3% during the second quarter. Halbert Hargrove Global Advisors LLC now owns 466,465 shares of the company’s stock worth $158,398,000 after acquiring an additional 450,287 shares in the last quarter. Allstate Corp bought a new stake in shares of iShares Russell 1000 ETF during the first quarter worth $105,102,000. Finally, Ieq Capital LLC raised its holdings in shares of iShares Russell 1000 ETF by 176.0% during the first quarter. Ieq Capital LLC now owns 381,635 shares of the company’s stock worth $117,063,000 after acquiring an additional 243,360 shares during the period.

iShares Russell 1000 ETF Trading Up 0.1%

IWB opened at $375.03 on Friday. The stock has a market capitalization of $45.15 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 12 month low of $264.17 and a 12 month high of $377.77. The firm’s fifty day simple moving average is $368.60 and its 200 day simple moving average is $352.35.

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.