Cherry Tree Wealth Management LLC Sells 86 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Cherry Tree Wealth Management LLC decreased its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,102 shares of the company’s stock after selling 86 shares during the period. Cherry Tree Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $289,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of IWB. Peddock Capital Advisors LLC boosted its position in shares of iShares Russell 1000 ETF by 5.2% in the fourth quarter. Peddock Capital Advisors LLC now owns 5,261 shares of the company’s stock worth $1,380,000 after purchasing an additional 260 shares during the period. Apollon Wealth Management LLC boosted its holdings in iShares Russell 1000 ETF by 17.6% in the 4th quarter. Apollon Wealth Management LLC now owns 1,955 shares of the company’s stock worth $513,000 after buying an additional 293 shares during the period. Lincoln National Corp boosted its holdings in iShares Russell 1000 ETF by 1.4% in the 4th quarter. Lincoln National Corp now owns 8,974 shares of the company’s stock worth $2,354,000 after buying an additional 122 shares during the period. Maryland State Retirement & Pension System lifted its position in shares of iShares Russell 1000 ETF by 40.1% in the fourth quarter. Maryland State Retirement & Pension System now owns 5,736 shares of the company’s stock valued at $1,504,000 after acquiring an additional 1,642 shares in the last quarter. Finally, Private Advisor Group LLC boosted its stake in shares of iShares Russell 1000 ETF by 5.8% in the fourth quarter. Private Advisor Group LLC now owns 123,450 shares of the company’s stock worth $32,376,000 after acquiring an additional 6,788 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA:IWB traded down $0.04 during trading on Wednesday, hitting $284.23. 579,232 shares of the company’s stock were exchanged, compared to its average volume of 713,393. The business’s 50-day simple moving average is $281.86 and its 200 day simple moving average is $265.99. iShares Russell 1000 ETF has a 52-week low of $224.32 and a 52-week high of $288.75. The company has a market cap of $34.89 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

About iShares Russell 1000 ETF

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.