Cranbrook Wealth Management LLC Decreases Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Cranbrook Wealth Management LLC lessened its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,983 shares of the company’s stock after selling 39 shares during the period. Cranbrook Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $3,216,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IWB. Merit Financial Group LLC boosted its holdings in shares of iShares Russell 1000 ETF by 211.4% during the 4th quarter. Merit Financial Group LLC now owns 28,344 shares of the company’s stock worth $9,131,000 after purchasing an additional 19,243 shares during the last quarter. Relyea Zuckerberg Hanson LLC purchased a new position in iShares Russell 1000 ETF during the fourth quarter worth approximately $6,922,000. Procyon Advisors LLC boosted its stake in iShares Russell 1000 ETF by 396.6% during the fourth quarter. Procyon Advisors LLC now owns 22,917 shares of the company’s stock worth $7,383,000 after buying an additional 18,302 shares during the last quarter. Retireful LLC purchased a new stake in iShares Russell 1000 ETF in the 4th quarter valued at $2,769,000. Finally, Ritholtz Wealth Management increased its stake in shares of iShares Russell 1000 ETF by 16.5% in the 4th quarter. Ritholtz Wealth Management now owns 995 shares of the company’s stock worth $321,000 after acquiring an additional 141 shares during the last quarter.

iShares Russell 1000 ETF Stock Up 1.0 %

NYSEARCA IWB opened at $329.39 on Friday. iShares Russell 1000 ETF has a 52 week low of $260.02 and a 52 week high of $336.18. The business’s fifty day simple moving average is $327.99 and its 200-day simple moving average is $314.36. The firm has a market cap of $40.43 billion, a PE 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.