Adell Harriman & Carpenter Inc. Sells 25 Shares of iShares Russell 1000 Growth ETF $IWF

Adell Harriman & Carpenter Inc. trimmed its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 936 shares of the exchange traded fund’s stock after selling 25 shares during the period. Adell Harriman & Carpenter Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $397,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 722,329.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 17,851,227 shares of the exchange traded fund’s stock worth $7,579,274,000 after buying an additional 17,848,756 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of iShares Russell 1000 Growth ETF by 0.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,688,217 shares of the exchange traded fund’s stock valued at $3,498,319,000 after purchasing an additional 68,243 shares during the period. Envestnet Asset Management Inc. increased its position in shares of iShares Russell 1000 Growth ETF by 1.4% during the second quarter. Envestnet Asset Management Inc. now owns 5,285,390 shares of the exchange traded fund’s stock worth $2,244,071,000 after acquiring an additional 70,645 shares in the last quarter. Northern Trust Corp increased its position in shares of iShares Russell 1000 Growth ETF by 4.3% during the first quarter. Northern Trust Corp now owns 5,109,809 shares of the exchange traded fund’s stock worth $1,845,101,000 after acquiring an additional 208,598 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of iShares Russell 1000 Growth ETF by 4.2% during the first quarter. LPL Financial LLC now owns 3,280,071 shares of the exchange traded fund’s stock worth $1,184,401,000 after acquiring an additional 133,621 shares in the last quarter. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Trading Down 1.5%

Shares of IWF opened at $484.20 on Friday. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $493.00. The firm has a fifty day simple moving average of $463.94 and a 200 day simple moving average of $427.36. The stock has a market capitalization of $125.38 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13.

About iShares Russell 1000 Growth ETF

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.