iShares Russell 1000 Growth ETF $IWF Position Lessened by Fifth Third Bancorp

Fifth Third Bancorp trimmed its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,664,182 shares of the exchange traded fund’s stock after selling 116,930 shares during the quarter. iShares Russell 1000 Growth ETF accounts for 0.7% of Fifth Third Bancorp’s portfolio, making the stock its 24th largest position. Fifth Third Bancorp owned about 0.36% of iShares Russell 1000 Growth ETF worth $458,975,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWF. Main Street Group LTD bought a new stake in iShares Russell 1000 Growth ETF in the 1st quarter valued at $64,000. GKV Capital Management Co. Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF in the 1st quarter valued at $85,000. Midwest Capital Advisors LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth about $25,000. Roxbury Financial LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 300.0% during the 2nd quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 162 shares during the period. Finally, Godsey & Gibb Inc. bought a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth about $29,000. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $116.62 on Thursday. The firm’s 50-day simple moving average is $122.45 and its 200-day simple moving average is $119.36. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month high of $129.80. The firm has a market cap of $120.12 billion, a P/E ratio of 26.29 and a beta of 1.17.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.