iShares Russell 1000 ETF (NYSEARCA:IWB) is Paragon Capital Management LLC’s 2nd Largest Position

Paragon Capital Management LLC lessened its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 64,006 shares of the company’s stock after selling 1,207 shares during the period. iShares Russell 1000 ETF accounts for approximately 11.1% of Paragon Capital Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Paragon Capital Management LLC owned approximately 0.05% of iShares Russell 1000 ETF worth $20,620,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Natixis Advisors LLC increased its position in iShares Russell 1000 ETF by 16.0% during the third quarter. Natixis Advisors LLC now owns 20,544 shares of the company’s stock worth $6,459,000 after buying an additional 2,836 shares during the period. Thrivent Financial for Lutherans increased its position in iShares Russell 1000 ETF by 50.5% during the third quarter. Thrivent Financial for Lutherans now owns 65,862 shares of the company’s stock worth $20,706,000 after buying an additional 22,112 shares during the period. First Horizon Advisors Inc. increased its position in iShares Russell 1000 ETF by 12.4% during the third quarter. First Horizon Advisors Inc. now owns 17,342 shares of the company’s stock worth $5,452,000 after buying an additional 1,909 shares during the period. Darwin Wealth Management LLC acquired a new position in iShares Russell 1000 ETF during the third quarter worth approximately $130,000. Finally, Citizens Financial Group Inc. RI increased its position in iShares Russell 1000 ETF by 5.4% during the third quarter. Citizens Financial Group Inc. RI now owns 15,175 shares of the company’s stock worth $4,771,000 after buying an additional 775 shares during the period.

iShares Russell 1000 ETF Stock Down 0.2 %

IWB opened at $309.75 on Friday. The firm has a market cap of $37.06 billion, a price-to-earnings ratio of 24.45 and a beta of 1.03. iShares Russell 1000 ETF has a 52 week low of $271.54 and a 52 week high of $337.76. The business’s 50 day moving average is $325.31 and its two-hundred day moving average is $322.13.

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.