iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Shares Sold by Oakworth Capital Inc.

Oakworth Capital Inc. lowered its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 5.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 431,636 shares of the exchange traded fund’s stock after selling 23,097 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 10.5% of Oakworth Capital Inc.’s portfolio, making the stock its largest holding. Oakworth Capital Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $130,859,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Tower Research Capital LLC TRC bought a new position in iShares Russell 1000 Growth ETF during the third quarter valued at about $25,000. BluePath Capital Management LLC bought a new position in iShares Russell 1000 Growth ETF during the third quarter valued at about $27,000. Cranbrook Wealth Management LLC bought a new position in iShares Russell 1000 Growth ETF during the fourth quarter valued at about $30,000. Hibernia Wealth Partners LLC bought a new position in iShares Russell 1000 Growth ETF during the third quarter valued at about $32,000. Finally, Planned Solutions Inc. bought a new position in iShares Russell 1000 Growth ETF during the fourth quarter valued at about $34,000.

iShares Russell 1000 Growth ETF Trading Down 0.7 %

IWF traded down $2.43 on Wednesday, hitting $324.59. 740,438 shares of the stock traded hands, compared to its average volume of 1,397,587. iShares Russell 1000 Growth ETF has a 52 week low of $239.23 and a 52 week high of $340.83. The firm has a market capitalization of $86.00 billion, a PE ratio of 36.72 and a beta of 1.20. The business has a fifty day moving average price of $331.78 and a two-hundred day moving average price of $305.22.

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.