iShares Russell 1000 ETF (IWB) Shares Sold by Paragon Capital Management LLC

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Paragon Capital Management LLC cut its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 3.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,177 shares of the company’s stock after selling 3,006 shares during the period. iShares Russell 1000 ETF comprises about 6.4% of Paragon Capital Management LLC’s holdings, making the stock its largest position. Paragon Capital Management LLC owned about 0.07% of iShares Russell 1000 ETF worth $13,557,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in iShares Russell 1000 ETF by 123.8% in the 4th quarter. Bank of America Corp DE now owns 6,487,599 shares of the company’s stock valued at $899,765,000 after purchasing an additional 3,588,662 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in iShares Russell 1000 ETF by 102.1% in the 4th quarter. Hsbc Holdings PLC now owns 2,443,565 shares of the company’s stock valued at $338,899,000 after purchasing an additional 1,234,299 shares in the last quarter. FMR LLC lifted its holdings in iShares Russell 1000 ETF by 18.6% in the 4th quarter. FMR LLC now owns 6,141,384 shares of the company’s stock valued at $851,749,000 after purchasing an additional 962,203 shares in the last quarter. Personal Capital Advisors Corp purchased a new position in iShares Russell 1000 ETF in the 4th quarter valued at about $122,656,000. Finally, BOKF NA lifted its holdings in iShares Russell 1000 ETF by 4,313.4% in the 4th quarter. BOKF NA now owns 881,484 shares of the company’s stock valued at $122,253,000 after purchasing an additional 861,511 shares in the last quarter.

NYSEARCA:IWB traded down $0.09 on Monday, reaching $161.46. The stock had a trading volume of 707,252 shares, compared to its average volume of 1,265,777. iShares Russell 1000 ETF has a 12-month low of $129.68 and a 12-month high of $164.13.

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st were issued a $0.6274 dividend. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $2.51 dividend on an annualized basis and a yield of 1.55%.

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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.

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Institutional Ownership by Quarter for iShares Russell 1000 ETF (NYSEARCA:IWB)

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