Cherry Tree Wealth Management LLC Has $289,000 Stake in iShares Russell 1000 ETF (NYSEARCA:IWB)

Cherry Tree Wealth Management LLC reduced its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 7.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. 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.

A number of other hedge funds have also recently added to or reduced their stakes in IWB. US Bancorp DE increased its position in shares of iShares Russell 1000 ETF by 214.8% in the third quarter. US Bancorp DE now owns 607,459 shares of the company’s stock worth $142,698,000 after purchasing an additional 1,136,554 shares during the period. Pathstone Family Office LLC raised its position in shares of iShares Russell 1000 ETF by 2,233.8% in the 3rd quarter. Pathstone Family Office LLC now owns 1,170,028 shares of the company’s stock valued at $274,904,000 after buying an additional 1,119,893 shares in the last quarter. Comerica Bank bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $168,447,000. TIAA Trust National Association bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $166,212,000. Finally, International Assets Investment Management LLC boosted its position in shares of iShares Russell 1000 ETF by 26,592.2% during the 4th quarter. International Assets Investment Management LLC now owns 600,575 shares of the company’s stock worth $157,507,000 after acquiring an additional 598,325 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

IWB traded down $0.04 during trading on Wednesday, hitting $284.23. 579,232 shares of the stock traded hands, compared to its average volume of 713,393. The business has a 50 day moving average price of $281.86 and a 200 day moving average price of $265.99. iShares Russell 1000 ETF has a twelve month low of $224.32 and a twelve month 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.

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.