iShares Russell 1000 ETF $IWB Stock Position Lowered by Paragon Capital Management LLC

Paragon Capital Management LLC lessened its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 59,397 shares of the company’s stock after selling 792 shares during the period. iShares Russell 1000 ETF comprises about 10.4% of Paragon Capital Management LLC’s holdings, making the stock its 2nd largest holding. Paragon Capital Management LLC’s holdings in iShares Russell 1000 ETF were worth $20,170,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brooklyn Investment Group bought a new stake in iShares Russell 1000 ETF in the first quarter valued at approximately $33,000. eCIO Inc. purchased a new position in shares of iShares Russell 1000 ETF in the first quarter worth $36,000. Fiduciary Wealth Partners LLC purchased a new position in shares of iShares Russell 1000 ETF in the first quarter worth $45,000. RMG Wealth Management LLC bought a new stake in iShares Russell 1000 ETF during the 2nd quarter valued at $45,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in iShares Russell 1000 ETF during the 2nd quarter valued at $49,000.

iShares Russell 1000 ETF Trading Down 0.0%

IWB stock opened at $367.88 on Friday. The stock has a market capitalization of $44.29 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. The firm’s 50-day moving average price is $366.80 and its two-hundred day moving average price is $347.02. iShares Russell 1000 ETF has a 12-month low of $264.17 and a 12-month high of $377.77.

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.