iShares Russell 1000 ETF (NYSEARCA:IWB) is Stegner Investment Associates Inc.’s 4th Largest Position

Stegner Investment Associates Inc. reduced its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 26,500 shares of the company’s stock after selling 145 shares during the period. iShares Russell 1000 ETF makes up approximately 5.6% of Stegner Investment Associates Inc.’s portfolio, making the stock its 4th largest position. Stegner Investment Associates Inc.’s holdings in iShares Russell 1000 ETF were worth $8,537,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Disciplined Investments LLC raised its holdings in shares of iShares Russell 1000 ETF by 8.9% in the fourth quarter. Disciplined Investments LLC now owns 736 shares of the company’s stock worth $237,000 after acquiring an additional 60 shares during the last quarter. Mainstream Capital Management LLC acquired a new position in iShares Russell 1000 ETF in the 4th quarter valued at about $87,000. Synergy Investment Management LLC acquired a new position in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $717,000. TSA Wealth Managment LLC boosted its position in iShares Russell 1000 ETF by 0.9% during the fourth quarter. TSA Wealth Managment LLC now owns 3,593 shares of the company’s stock worth $1,158,000 after acquiring an additional 32 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its position in iShares Russell 1000 ETF by 2.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,933 shares of the company’s stock worth $2,234,000 after acquiring an additional 192 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of IWB opened at $316.67 on Wednesday. iShares Russell 1000 ETF has a fifty-two week low of $271.54 and a fifty-two week high of $337.76. The company has a market capitalization of $37.59 billion, a PE ratio of 26.23 and a beta of 1.03. The stock has a fifty day moving average of $329.00 and a two-hundred day moving average of $322.08.

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.