Investment Partners LTD. Trims Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Investment Partners LTD. lessened its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,876 shares of the exchange traded fund’s stock after selling 1,380 shares during the period. iShares Russell 1000 Growth ETF comprises 5.8% of Investment Partners LTD.’s holdings, making the stock its largest position. Investment Partners LTD.’s holdings in iShares Russell 1000 Growth ETF were worth $12,766,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of IWF. Cranbrook Wealth Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at $30,000. Creekmur Asset Management LLC bought a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth about $33,000. Planned Solutions Inc. bought a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $34,000. Frazier Financial Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $36,000. Finally, Sound Income Strategies LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 772.2% in the fourth quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 139 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock traded up $2.72 on Friday, hitting $369.95. The company’s stock had a trading volume of 163,744 shares, compared to its average volume of 1,316,806. iShares Russell 1000 Growth ETF has a fifty-two week low of $256.01 and a fifty-two week high of $370.46. The company has a market capitalization of $97.87 billion, a PE ratio of 35.64 and a beta of 1.20. The stock’s 50 day moving average is $343.53 and its 200-day moving average is $328.32.

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.