Tassel Capital Management Inc. Invests $1.24 Million in iShares Russell 1000 ETF $IWB

Tassel Capital Management Inc. purchased a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,016 shares of the company’s stock, valued at approximately $1,235,000. iShares Russell 1000 ETF comprises approximately 0.6% of Tassel Capital Management Inc.’s portfolio, making the stock its 14th largest holding.

A number of other large investors also recently modified their holdings of the company. GAMMA Investing LLC grew its holdings in shares of iShares Russell 1000 ETF by 239.3% during the second quarter. GAMMA Investing LLC now owns 1,975 shares of the company’s stock worth $809,000 after purchasing an additional 1,393 shares during the last quarter. Houlihan Financial Resource Group Ltd. bought a new position in iShares Russell 1000 ETF in the 4th quarter valued at approximately $691,000. Ieq Capital LLC boosted its position in iShares Russell 1000 ETF by 8.4% during the 4th quarter. Ieq Capital LLC now owns 487,726 shares of the company’s stock worth $182,137,000 after buying an additional 37,631 shares during the period. World Investment Advisors boosted its position in iShares Russell 1000 ETF by 214.7% during the 4th quarter. World Investment Advisors now owns 5,700 shares of the company’s stock worth $2,129,000 after buying an additional 3,889 shares during the period. Finally, WealthTrust Asset Management LLC grew its holdings in iShares Russell 1000 ETF by 18.5% during the 4th quarter. WealthTrust Asset Management LLC now owns 17,543 shares of the company’s stock worth $6,551,000 after acquiring an additional 2,735 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA IWB opened at $423.06 on Friday. iShares Russell 1000 ETF has a 52-week low of $345.21 and a 52-week high of $426.92. The firm has a 50 day moving average price of $414.16 and a two-hundred day moving average price of $395.88. The stock has a market cap of $50.01 billion, a P/E ratio of 24.71 and a beta of 1.00.

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.