Stegner Investment Associates Inc. Lowers Stock Holdings in iShares Russell 1000 ETF $IWB

Stegner Investment Associates Inc. lowered its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 5.8% during the second quarter, Holdings Channel.com reports. The firm owned 24,963 shares of the company’s stock after selling 1,542 shares during the quarter. iShares Russell 1000 ETF accounts for 5.2% of Stegner Investment Associates Inc.’s portfolio, making the stock its 4th biggest holding. Stegner Investment Associates Inc.’s holdings in iShares Russell 1000 ETF were worth $8,477,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Rossby Financial LCC bought a new position in shares of iShares Russell 1000 ETF during the first quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF during the first quarter worth approximately $28,000. Woodside Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF during the first quarter worth approximately $30,000. Brooklyn Investment Group bought a new position in shares of iShares Russell 1000 ETF during the first quarter worth approximately $33,000. Finally, eCIO Inc. acquired a new stake in iShares Russell 1000 ETF during the first quarter worth approximately $36,000.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA:IWB opened at $365.20 on Thursday. The company has a market capitalization of $43.71 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 1 year low of $264.17 and a 1 year high of $369.87. The business’s 50 day simple moving average is $359.09 and its 200 day simple moving average is $334.76.

iShares Russell 1000 ETF 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.