iShares Russell 1000 ETF $IWB Shares Sold by Stegner Investment Associates Inc.

Stegner Investment Associates Inc. trimmed its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 11.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,740 shares of the company’s stock after selling 2,808 shares during the quarter. iShares Russell 1000 ETF makes up approximately 4.1% of Stegner Investment Associates Inc.’s investment portfolio, making the stock its 6th largest position. Stegner Investment Associates Inc.’s holdings in iShares Russell 1000 ETF were worth $7,745,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Optima Capital LLC acquired a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $32,000. First Command Advisory Services Inc. acquired a new position in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $31,000. True Wealth Design LLC acquired a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $32,000. Absher Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $33,000. Finally, Allspring Global Investments Holdings LLC raised its stake in shares of iShares Russell 1000 ETF by 78.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 116 shares of the company’s stock worth $43,000 after buying an additional 51 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of IWB stock opened at $389.07 on Wednesday. The stock has a 50 day simple moving average of $371.35 and a 200-day simple moving average of $372.76. iShares Russell 1000 ETF has a 1-year low of $297.33 and a 1-year high of $391.47. The company has a market cap of $45.81 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01.

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.