Quadrant Capital Group LLC Makes New Investment in iShares Russell 1000 ETF $IWB

Quadrant Capital Group LLC bought a new stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 35,431 shares of the company’s stock, valued at approximately $15,050,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Bank of America Corp DE grew its stake in iShares Russell 1000 ETF by 4.9% during the first quarter. Bank of America Corp DE now owns 5,155,585 shares of the company’s stock worth $1,838,275,000 after buying an additional 240,695 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares Russell 1000 ETF by 1.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,329,545 shares of the company’s stock valued at $830,623,000 after buying an additional 32,054 shares during the period. Catalyst Capital Advisors LLC increased its holdings in iShares Russell 1000 ETF by 12.2% in the 1st quarter. Catalyst Capital Advisors LLC now owns 1,641,733 shares of the company’s stock valued at $585,376,000 after buying an additional 179,128 shares during the period. Fifth Third Bancorp increased its holdings in iShares Russell 1000 ETF by 145.7% in the 1st quarter. Fifth Third Bancorp now owns 849,980 shares of the company’s stock valued at $303,069,000 after buying an additional 504,045 shares during the period. Finally, Cetera Investment Advisers raised its position in shares of iShares Russell 1000 ETF by 2.4% in the 1st quarter. Cetera Investment Advisers now owns 361,081 shares of the company’s stock valued at $128,747,000 after buying an additional 8,550 shares in the last quarter.

iShares Russell 1000 ETF Trading Up 0.4%

Shares of NYSEARCA:IWB opened at $419.84 on Wednesday. The firm has a 50 day moving average of $419.99 and a 200-day moving average of $408.00. iShares Russell 1000 ETF has a 12 month low of $345.21 and a 12 month high of $427.04. The stock has a market capitalization of $48.91 billion, a PE ratio of 24.71 and a beta of 1.00.

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.