iShares Russell 1000 ETF (NYSEARCA:IWB) Stock Holdings Decreased by Paragon Capital Management LLC

Paragon Capital Management LLC reduced its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.9% during the 4th quarter, HoldingsChannel reports. The firm owned 64,006 shares of the company’s stock after selling 1,207 shares during the period. iShares Russell 1000 ETF accounts for 11.1% of Paragon Capital Management LLC’s portfolio, making the stock its 2nd biggest position. Paragon Capital Management LLC’s holdings in iShares Russell 1000 ETF were worth $20,620,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Crews Bank & Trust purchased a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $37,000. Golden State Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $37,000. Centricity Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $39,000. Kestra Investment Management LLC purchased a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $39,000. Finally, Roxbury Financial LLC purchased a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $46,000.

iShares Russell 1000 ETF Price Performance

iShares Russell 1000 ETF stock opened at $309.75 on Friday. iShares Russell 1000 ETF has a 1-year low of $271.54 and a 1-year high of $337.76. The company has a market cap of $37.06 billion, a PE ratio of 24.45 and a beta of 1.03. The stock’s 50 day moving average price is $325.31 and its 200 day moving average price is $322.13.

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.