Red Cedar Investment Management LLC Sells 4,004 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Red Cedar Investment Management LLC trimmed its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 35.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,290 shares of the exchange traded fund’s stock after selling 4,004 shares during the quarter. Red Cedar Investment Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,928,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Signature Resources Capital Management LLC acquired a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $28,000. Truvestments Capital LLC acquired a new stake in iShares Russell 1000 Growth ETF during the third quarter worth approximately $27,000. Peterson Wealth Services acquired a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $35,000. Capital Performance Advisors LLP acquired a new stake in iShares Russell 1000 Growth ETF during the third quarter worth approximately $51,000. Finally, Abound Wealth Management grew its stake in iShares Russell 1000 Growth ETF by 14,500.0% during the fourth quarter. Abound Wealth Management now owns 146 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 145 shares during the period.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF opened at $416.37 on Friday. The business has a 50 day simple moving average of $408.95 and a 200 day simple moving average of $386.03. iShares Russell 1000 Growth ETF has a one year low of $315.24 and a one year high of $419.53. The stock has a market capitalization of $110.15 billion, a P/E ratio of 35.64 and a beta of 1.20.

iShares Russell 1000 Growth ETF Profile

iShares Russell 1000 Growth ETF (the Fund), formerly iShares Russell 1000 Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment returns that correspond generally to the price and yield performance of the Russell 1000 Growth Index (the Index). The Index measures the performance of equity securities of Russell 1000 index issuers with relatively higher price-to-book ratios and higher forecasted growth.