Diversify Advisory Services LLC Cuts Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Diversify Advisory Services LLC cut its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 16.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 2,043 shares of the exchange traded fund’s stock after selling 397 shares during the quarter. Diversify Advisory Services LLC’s holdings in iShares Russell 1000 Growth ETF were worth $786,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. CFO4Life Group LLC boosted its position in iShares Russell 1000 Growth ETF by 34.5% during the first quarter. CFO4Life Group LLC now owns 1,440 shares of the exchange traded fund’s stock valued at $485,000 after buying an additional 369 shares during the period. Kovack Advisors Inc. boosted its holdings in iShares Russell 1000 Growth ETF by 15.0% during the 1st quarter. Kovack Advisors Inc. now owns 1,905 shares of the exchange traded fund’s stock valued at $642,000 after acquiring an additional 249 shares during the period. Edge Financial Advisors LLC bought a new position in iShares Russell 1000 Growth ETF during the 1st quarter worth approximately $270,000. Norden Group LLC purchased a new position in iShares Russell 1000 Growth ETF in the 1st quarter worth approximately $251,000. Finally, McCarthy & Cox bought a new stake in iShares Russell 1000 Growth ETF in the first quarter valued at approximately $313,000.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA:IWF opened at $385.04 on Thursday. iShares Russell 1000 Growth ETF has a fifty-two week low of $259.37 and a fifty-two week high of $388.03. The business has a 50 day moving average price of $371.26 and a 200-day moving average price of $357.92. The firm has a market cap of $101.86 billion, a PE ratio of 35.64 and a beta of 1.20.

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.