Invested Advisors Sells 4,544 Shares of iShares Russell 1000 Growth ETF $IWF

Invested Advisors lessened its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 18.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 20,547 shares of the exchange traded fund’s stock after selling 4,544 shares during the quarter. iShares Russell 1000 Growth ETF makes up about 2.1% of Invested Advisors’ portfolio, making the stock its 11th largest position. Invested Advisors’ holdings in iShares Russell 1000 Growth ETF were worth $2,574,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in IWF. Richardson Capital Management LLC purchased a new position in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $665,000. Norris Perne & French LLP MI bought a new position in iShares Russell 1000 Growth ETF during the third quarter valued at $1,132,000. Signaturefd LLC bought a new position in iShares Russell 1000 Growth ETF during the third quarter valued at $924,594,000. ORBA Wealth Advisors L.L.C. increased its position in iShares Russell 1000 Growth ETF by 30.1% in the third quarter. ORBA Wealth Advisors L.L.C. now owns 5,022 shares of the exchange traded fund’s stock worth $629,000 after buying an additional 1,161 shares during the last quarter. Finally, Citizens Financial Group Inc. RI purchased a new stake in iShares Russell 1000 Growth ETF in the third quarter worth $19,246,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF opened at $119.61 on Friday. The firm has a market cap of $122.59 billion, a PE ratio of 33.43 and a beta of 1.16. The stock’s fifty day moving average price is $123.84 and its two-hundred day moving average price is $122.16. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.80.

iShares Russell 1000 Growth ETF Company 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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.