Cahaba Wealth Management Inc. Trims Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Cahaba Wealth Management Inc. decreased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,139 shares of the exchange traded fund’s stock after selling 117 shares during the period. iShares Russell 1000 Growth ETF accounts for 0.3% of Cahaba Wealth Management Inc.’s investment portfolio, making the stock its 27th biggest position. Cahaba Wealth Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $3,331,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the stock. GLOBALT Investments LLC GA acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth about $350,964,000. Cetera Investment Advisers lifted its stake in shares of iShares Russell 1000 Growth ETF by 409.6% during the first quarter. Cetera Investment Advisers now owns 1,312,397 shares of the exchange traded fund’s stock valued at $442,343,000 after buying an additional 1,054,881 shares during the period. Envestnet Asset Management Inc. boosted its position in iShares Russell 1000 Growth ETF by 6.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 5,413,232 shares of the exchange traded fund’s stock worth $1,641,130,000 after acquiring an additional 341,407 shares during the last quarter. Wellington Management Group LLP grew its stake in iShares Russell 1000 Growth ETF by 1,332.3% in the 4th quarter. Wellington Management Group LLP now owns 302,036 shares of the exchange traded fund’s stock worth $91,568,000 after acquiring an additional 280,948 shares during the period. Finally, Global Assets Advisory LLC acquired a new position in iShares Russell 1000 Growth ETF in the 1st quarter valued at $73,003,000.

iShares Russell 1000 Growth ETF Stock Down 2.3 %

Shares of iShares Russell 1000 Growth ETF stock opened at $346.12 on Friday. iShares Russell 1000 Growth ETF has a fifty-two week low of $256.01 and a fifty-two week high of $382.82. The business’s fifty day moving average is $361.23 and its two-hundred day moving average is $346.84. The firm has a market cap of $91.57 billion, a PE ratio of 35.64 and a beta of 1.20.

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.