Advisors Capital Management LLC Trims Stock Position in iShares Russell 1000 Growth ETF $IWF

Advisors Capital Management LLC cut its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 22.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,457 shares of the exchange traded fund’s stock after selling 1,256 shares during the quarter. Advisors Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,610,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWF. GAMMA Investing LLC increased its stake in iShares Russell 1000 Growth ETF by 37,046.7% during the first quarter. GAMMA Investing LLC now owns 3,515,933 shares of the exchange traded fund’s stock worth $1,269,568,000 after acquiring an additional 3,506,468 shares during the last quarter. Nuveen LLC acquired a new stake in iShares Russell 1000 Growth ETF during the first quarter worth about $424,812,000. Wellington Management Group LLP increased its stake in iShares Russell 1000 Growth ETF by 311.4% during the first quarter. Wellington Management Group LLP now owns 1,285,798 shares of the exchange traded fund’s stock worth $464,289,000 after acquiring an additional 973,250 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its stake in iShares Russell 1000 Growth ETF by 36,009.0% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 494,693 shares of the exchange traded fund’s stock worth $178,629,000 after acquiring an additional 493,323 shares during the last quarter. Finally, Two Sigma Investments LP increased its stake in iShares Russell 1000 Growth ETF by 79.9% during the fourth quarter. Two Sigma Investments LP now owns 958,000 shares of the exchange traded fund’s stock worth $384,714,000 after acquiring an additional 425,600 shares during the last quarter. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA:IWF opened at $460.14 on Friday. The firm has a market capitalization of $120.26 billion, a PE ratio of 33.43 and a beta of 1.08. The business has a 50-day moving average of $441.76 and a two-hundred day moving average of $402.03. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $461.23.

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.