Watts Gwilliam & Co. LLC Sells 1,543 Shares of iShares Russell 1000 Growth ETF $IWF

Watts Gwilliam & Co. LLC cut its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 7.4% in the second quarter, Holdings Channel.com reports. The institutional investor owned 19,375 shares of the exchange traded fund’s stock after selling 1,543 shares during the period. iShares Russell 1000 Growth ETF comprises approximately 1.6% of Watts Gwilliam & Co. LLC’s investment portfolio, making the stock its 14th biggest holding. Watts Gwilliam & Co. LLC’s holdings in iShares Russell 1000 Growth ETF were worth $8,992,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Valeo Financial Advisors LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 4.7% during the 2nd quarter. Valeo Financial Advisors LLC now owns 32,272 shares of the exchange traded fund’s stock valued at $13,209,000 after acquiring an additional 1,448 shares during the last quarter. Cambridge Financial Group LLC increased its position in iShares Russell 1000 Growth ETF by 11.0% in the second quarter. Cambridge Financial Group LLC now owns 4,538 shares of the exchange traded fund’s stock worth $1,927,000 after purchasing an additional 450 shares during the last quarter. NWF Advisory Services Inc. raised its stake in iShares Russell 1000 Growth ETF by 19.4% during the second quarter. NWF Advisory Services Inc. now owns 1,725 shares of the exchange traded fund’s stock valued at $732,000 after purchasing an additional 280 shares in the last quarter. SevenBridge Financial Group LLC purchased a new stake in iShares Russell 1000 Growth ETF during the second quarter valued at $200,000. Finally, Osaic Holdings Inc. lifted its position in iShares Russell 1000 Growth ETF by 15.2% during the second quarter. Osaic Holdings Inc. now owns 726,290 shares of the exchange traded fund’s stock valued at $307,918,000 after purchasing an additional 95,889 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 1.6%

Shares of NYSEARCA:IWF opened at $471.36 on Monday. The firm has a fifty day simple moving average of $473.98 and a two-hundred day simple moving average of $449.94. The stock has a market capitalization of $122.39 billion, a P/E ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 52 week low of $308.67 and a 52 week high of $493.00.

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.