Accredited Investors Inc. Sells 2,673 Shares of iShares Russell 1000 ETF $IWB

Accredited Investors Inc. decreased its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 25.4% in the 1st quarter, Holdings Channel reports. The fund owned 7,838 shares of the company’s stock after selling 2,673 shares during the quarter. Accredited Investors Inc.’s holdings in iShares Russell 1000 ETF were worth $2,795,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. REAP Financial Group LLC purchased a new stake in iShares Russell 1000 ETF during the fourth quarter valued at about $28,000. Sound Income Strategies LLC purchased a new position in shares of iShares Russell 1000 ETF in the first quarter worth about $28,000. Advocate Investing Services LLC bought a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $31,000. True Wealth Design LLC bought a new stake in shares of iShares Russell 1000 ETF in the fourth quarter valued at approximately $32,000. Finally, Optima Capital LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at approximately $32,000.

iShares Russell 1000 ETF Trading Up 0.8%

Shares of IWB stock opened at $411.61 on Friday. The firm’s 50 day moving average is $405.50 and its 200 day moving average is $385.20. The stock has a market capitalization of $48.43 billion, a P/E ratio of 24.71 and a beta of 1.00. iShares Russell 1000 ETF has a 12 month low of $339.54 and a 12 month high of $415.11.

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.