Investment Partners LTD. Lowers Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Investment Partners LTD. reduced 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 filing with the Securities & Exchange Commission. The firm owned 37,876 shares of the exchange traded fund’s stock after selling 1,380 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 5.8% of Investment Partners LTD.’s holdings, making the stock its biggest position. Investment Partners LTD.’s holdings in iShares Russell 1000 Growth ETF were worth $12,766,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWF. Cranbrook Wealth Management LLC bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter valued at about $30,000. Creekmur Asset Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at approximately $33,000. Planned Solutions Inc. bought a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at approximately $34,000. Frazier Financial Advisors LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter worth approximately $36,000. Finally, Sound Income Strategies LLC raised its stake in iShares Russell 1000 Growth ETF by 772.2% during the 4th quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 139 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF traded up $2.72 during mid-day trading on Friday, reaching $369.95. The stock had a trading volume of 163,744 shares, compared to its average volume of 1,316,806. The business has a fifty day moving average of $343.53 and a 200 day moving average of $328.32. The firm has a market cap of $97.87 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 12 month low of $256.01 and a 12 month high of $370.46.

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.