Paces Ferry Wealth Advisors LLC Sells 45 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Paces Ferry Wealth Advisors LLC reduced its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,179 shares of the company’s stock after selling 45 shares during the quarter. Paces Ferry Wealth Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $1,096,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mascoma Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF in the 4th quarter worth about $25,000. Cullen Frost Bankers Inc. bought a new position in shares of iShares Russell 1000 ETF during the 3rd quarter valued at approximately $28,000. Baystate Wealth Management LLC increased its stake in shares of iShares Russell 1000 ETF by 70.8% during the 4th quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock worth $32,000 after purchasing an additional 51 shares during the last quarter. Stonebridge Capital Advisors LLC raised its holdings in shares of iShares Russell 1000 ETF by 113.0% in the 3rd quarter. Stonebridge Capital Advisors LLC now owns 196 shares of the company’s stock worth $46,000 after purchasing an additional 104 shares during the period. Finally, Eukles Asset Management lifted its stake in iShares Russell 1000 ETF by 54.7% in the third quarter. Eukles Asset Management now owns 263 shares of the company’s stock valued at $62,000 after purchasing an additional 93 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of IWB traded down $4.54 during mid-day trading on Tuesday, hitting $275.98. The stock had a trading volume of 1,491,790 shares, compared to its average volume of 724,140. iShares Russell 1000 ETF has a 52 week low of $221.31 and a 52 week high of $288.75. The business has a fifty day moving average price of $281.61 and a 200-day moving average price of $264.42. The firm has a market cap of $33.99 billion, a P/E ratio of 25.11 and a beta of 1.01.

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.