iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Paragon Financial Partners Inc.

Paragon Financial Partners Inc. cut its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 5.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,817 shares of the company’s stock after selling 95 shares during the quarter. Paragon Financial Partners Inc.’s holdings in iShares Russell 1000 ETF were worth $585,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of IWB. Renaissance Technologies LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 2nd quarter worth about $6,219,000. XTX Topco Ltd acquired a new stake in shares of iShares Russell 1000 ETF during the 2nd quarter worth about $303,000. AE Wealth Management LLC increased its position in shares of iShares Russell 1000 ETF by 23.1% during the 2nd quarter. AE Wealth Management LLC now owns 3,621 shares of the company’s stock worth $1,077,000 after purchasing an additional 679 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of iShares Russell 1000 ETF during the 2nd quarter worth about $2,556,000. Finally, Squarepoint Ops LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 2nd quarter worth about $2,639,000.

iShares Russell 1000 ETF Trading Up 0.5 %

Shares of NYSEARCA:IWB opened at $334.33 on Thursday. The business has a 50-day moving average price of $328.07 and a 200 day moving average price of $315.18. The company has a market capitalization of $41.04 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 12-month low of $265.70 and a 12-month high of $336.18.

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.