Red Cedar Investment Management LLC Sells 13,852 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Red Cedar Investment Management LLC cut its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 577,017 shares of the company’s stock after selling 13,852 shares during the quarter. iShares Russell 1000 ETF comprises 21.8% of Red Cedar Investment Management LLC’s holdings, making the stock its 2nd biggest position. Red Cedar Investment Management LLC’s holdings in iShares Russell 1000 ETF were worth $151,329,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IWB. International Assets Investment Management LLC grew its stake in shares of iShares Russell 1000 ETF by 1.8% in the fourth quarter. International Assets Investment Management LLC now owns 2,290 shares of the company’s stock worth $601,000 after purchasing an additional 40 shares in the last quarter. MONECO Advisors LLC increased its stake in iShares Russell 1000 ETF by 1.9% during the 4th quarter. MONECO Advisors LLC now owns 2,160 shares of the company’s stock valued at $566,000 after buying an additional 41 shares during the period. Mycio Wealth Partners LLC raised its position in shares of iShares Russell 1000 ETF by 0.6% during the 4th quarter. Mycio Wealth Partners LLC now owns 7,496 shares of the company’s stock worth $1,966,000 after buying an additional 42 shares in the last quarter. GPS Wealth Strategies Group LLC raised its position in shares of iShares Russell 1000 ETF by 1.4% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 3,185 shares of the company’s stock worth $835,000 after buying an additional 43 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its stake in shares of iShares Russell 1000 ETF by 0.5% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 8,838 shares of the company’s stock worth $2,076,000 after acquiring an additional 44 shares during the period.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA IWB traded up $3.31 during mid-day trading on Friday, reaching $281.14. 459,439 shares of the company traded hands, compared to its average volume of 719,669. iShares Russell 1000 ETF has a fifty-two week low of $221.31 and a fifty-two week high of $288.75. The firm has a market cap of $34.51 billion, a PE ratio of 24.68 and a beta of 1.01. The stock has a fifty day simple moving average of $281.65 and a 200-day simple moving average of $264.88.

iShares Russell 1000 ETF Company 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.