iShares Russell 1000 ETF (NYSEARCA:IWB) Shares Sold by Paces Ferry Wealth Advisors LLC

Paces Ferry Wealth Advisors LLC lessened its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 22.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,373 shares of the company’s stock after selling 682 shares during the quarter. Paces Ferry Wealth Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $765,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Millstone Evans Group LLC purchased a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $29,000. Golden State Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF in the fourth quarter valued at $37,000. Crews Bank & Trust purchased a new stake in shares of iShares Russell 1000 ETF during the 4th quarter worth $37,000. Centricity Wealth Management LLC acquired a new position in shares of iShares Russell 1000 ETF during the 4th quarter worth $39,000. Finally, Kestra Investment Management LLC purchased a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at about $39,000.

iShares Russell 1000 ETF Stock Up 0.0 %

Shares of NYSEARCA IWB opened at $309.81 on Friday. The firm has a 50-day moving average price of $325.12 and a 200 day moving average price of $322.27. iShares Russell 1000 ETF has a 52 week low of $271.54 and a 52 week high of $337.76. The stock has a market capitalization of $37.07 billion, a price-to-earnings ratio of 24.45 and a beta of 1.03.

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.