Cranbrook Wealth Management LLC Lowers Stock Holdings in iShares Russell 1000 ETF (NYSEARCA:IWB)

Cranbrook Wealth Management LLC reduced its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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 quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Renaissance Technologies LLC acquired a new position in iShares Russell 1000 ETF during the second quarter worth $6,219,000. XTX Topco Ltd purchased a new stake in shares of iShares Russell 1000 ETF during the second quarter worth about $303,000. Ieq Capital LLC raised its position in shares of iShares Russell 1000 ETF by 17.1% during the 2nd quarter. Ieq Capital LLC now owns 122,784 shares of the company’s stock worth $36,533,000 after purchasing an additional 17,973 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its position in shares of iShares Russell 1000 ETF by 85.2% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 6,958 shares of the company’s stock worth $2,070,000 after purchasing an additional 3,201 shares during the last quarter. Finally, Joseph Group Capital Management purchased a new position in iShares Russell 1000 ETF in the 2nd quarter valued at about $422,000.

iShares Russell 1000 ETF Trading Up 1.0 %

NYSEARCA:IWB opened at $329.39 on Friday. The stock has a 50 day moving average of $327.99 and a two-hundred day moving average of $314.36. iShares Russell 1000 ETF has a 12 month low of $260.02 and a 12 month high of $336.18. The firm has a market cap of $40.43 billion, a P/E 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.