Pathway Financial Advisors LLC Trims Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Pathway Financial Advisors LLC cut its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 37.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,419 shares of the exchange traded fund’s stock after selling 844 shares during the period. Pathway Financial Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $533,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWF. MGO One Seven LLC raised its stake in iShares Russell 1000 Growth ETF by 20.2% during the 4th quarter. MGO One Seven LLC now owns 9,691 shares of the exchange traded fund’s stock valued at $2,938,000 after acquiring an additional 1,626 shares during the last quarter. BOKF NA increased its position in iShares Russell 1000 Growth ETF by 4.7% during the 4th quarter. BOKF NA now owns 104,325 shares of the exchange traded fund’s stock worth $31,628,000 after purchasing an additional 4,692 shares during the period. RMB Capital Management LLC increased its position in iShares Russell 1000 Growth ETF by 1.3% during the 4th quarter. RMB Capital Management LLC now owns 38,565 shares of the exchange traded fund’s stock worth $11,692,000 after purchasing an additional 503 shares during the period. Chicago Wealth Management Inc. acquired a new position in iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $5,756,000. Finally, Creative Planning increased its position in iShares Russell 1000 Growth ETF by 6.1% during the 4th quarter. Creative Planning now owns 429,430 shares of the exchange traded fund’s stock worth $130,190,000 after purchasing an additional 24,595 shares during the period.

iShares Russell 1000 Growth ETF Trading Up 1.6 %

NYSEARCA IWF opened at $376.68 on Wednesday. The business’s 50 day moving average is $361.10 and its two-hundred day moving average is $352.54. iShares Russell 1000 Growth ETF has a 12-month low of $256.01 and a 12-month high of $382.82. The stock has a market capitalization of $99.65 billion, a price-to-earnings 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.