Brand Asset Management Group Inc. Cuts Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Brand Asset Management Group Inc. lessened its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.4% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 35,280 shares of the exchange traded fund’s stock after selling 877 shares during the quarter. iShares Russell 1000 Growth ETF makes up 5.4% of Brand Asset Management Group Inc.’s holdings, making the stock its 5th largest holding. Brand Asset Management Group Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $12,860,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Creekmur Asset Management LLC purchased a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $33,000. Nvwm LLC grew its holdings in iShares Russell 1000 Growth ETF by 44.9% in the first quarter. Nvwm LLC now owns 100 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 31 shares during the period. Frazier Financial Advisors LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $36,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF in the second quarter valued at approximately $40,000. Finally, Richardson Financial Services Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF in the first quarter valued at approximately $44,000.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock traded up $4.55 during trading on Monday, reaching $368.24. 1,195,168 shares of the company were exchanged, compared to its average volume of 1,351,401. iShares Russell 1000 Growth ETF has a 52-week low of $256.01 and a 52-week high of $382.82. The company has a market capitalization of $97.42 billion, a P/E ratio of 35.64 and a beta of 1.20. The stock’s 50 day simple moving average is $361.78 and its two-hundred day simple moving average is $343.53.

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.