PFG Private Wealth Management LLC Cuts Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

PFG Private Wealth Management LLC decreased its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 17.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 435 shares of the exchange traded fund’s stock after selling 91 shares during the period. PFG Private Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $175,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of IWF. Raymond James Financial Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth $1,367,267,000. Strategic Financial Concepts LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 44,227.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 656,939 shares of the exchange traded fund’s stock worth $263,814,000 after purchasing an additional 655,457 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of iShares Russell 1000 Growth ETF by 5,975.8% in the 3rd quarter. Wellington Management Group LLP now owns 540,989 shares of the exchange traded fund’s stock worth $203,076,000 after purchasing an additional 532,085 shares in the last quarter. Bryn Mawr Capital Management LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 1,072.5% in the 4th quarter. Bryn Mawr Capital Management LLC now owns 295,540 shares of the exchange traded fund’s stock worth $118,683,000 after purchasing an additional 270,335 shares in the last quarter. Finally, Choreo LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 34.9% in the 4th quarter. Choreo LLC now owns 676,064 shares of the exchange traded fund’s stock worth $272,261,000 after purchasing an additional 174,889 shares in the last quarter.

iShares Russell 1000 Growth ETF Trading Up 1.5 %

iShares Russell 1000 Growth ETF stock opened at $388.04 on Thursday. iShares Russell 1000 Growth ETF has a 12 month low of $315.24 and a 12 month high of $419.53. The firm has a market cap of $100.91 billion, a price-to-earnings ratio of 36.11 and a beta of 1.09. The stock has a fifty day simple moving average of $405.92 and a two-hundred day simple moving average of $391.45.

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.