Arkadios Wealth Advisors Sells 5,759 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Arkadios Wealth Advisors cut its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 54.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,807 shares of the company’s stock after selling 5,759 shares during the quarter. Arkadios Wealth Advisors’ holdings in iShares Russell 1000 ETF were worth $1,549,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Sound Income Strategies LLC raised its position in shares of iShares Russell 1000 ETF by 239.3% during the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after buying an additional 67 shares during the last quarter. Winch Advisory Services LLC bought a new position in iShares Russell 1000 ETF during the third quarter valued at about $30,000. Clarkston Capital Partners LLC acquired a new position in iShares Russell 1000 ETF in the 3rd quarter valued at approximately $32,000. Archer Investment Corp bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter worth approximately $37,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares Russell 1000 ETF during the 4th quarter worth approximately $51,000.

iShares Russell 1000 ETF Stock Performance

NYSEARCA:IWB opened at $329.39 on Monday. The company has a 50-day moving average of $328.00 and a 200-day moving average of $314.68. iShares Russell 1000 ETF has a 52 week low of $260.02 and a 52 week high of $336.18. The company has a market capitalization of $40.43 billion, a price-to-earnings ratio of 24.68 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.