Summit Investment Advisory Services LLC Trims Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Summit Investment Advisory Services LLC lessened its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 95.2% during the third quarter, HoldingsChannel reports. The firm owned 873 shares of the exchange traded fund’s stock after selling 17,378 shares during the quarter. Summit Investment Advisory Services LLC’s holdings in iShares Russell 1000 Growth ETF were worth $328,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Wellington Management Group LLP increased its position in iShares Russell 1000 Growth ETF by 1,332.3% during the fourth quarter. Wellington Management Group LLP now owns 302,036 shares of the exchange traded fund’s stock worth $91,568,000 after purchasing an additional 280,948 shares during the last quarter. Fisher Asset Management LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 3.4% during the 4th quarter. Fisher Asset Management LLC now owns 7,836 shares of the exchange traded fund’s stock valued at $2,376,000 after buying an additional 260 shares during the period. CFO4Life Group LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 34.5% during the 1st quarter. CFO4Life Group LLC now owns 1,440 shares of the exchange traded fund’s stock worth $485,000 after buying an additional 369 shares during the last quarter. Foster Group Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF in the 1st quarter worth $311,000. Finally, Signal Advisors Wealth LLC acquired a new position in iShares Russell 1000 Growth ETF in the first quarter valued at $662,000.

iShares Russell 1000 Growth ETF Price Performance

IWF stock traded up $1.25 during trading on Thursday, reaching $381.50. 275,492 shares of the stock traded hands, compared to its average volume of 1,319,751. The firm has a market capitalization of $100.93 billion, a PE ratio of 35.64 and a beta of 1.20. The business’s 50 day moving average price is $366.20 and its 200-day moving average price is $354.51. iShares Russell 1000 Growth ETF has a 52-week low of $256.01 and a 52-week high of $384.66.

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.