Putnam FL Investment Management Co. decreased its holdings in iShares Russell 1000 Growth Index (NYSEARCA:IWF) by 5.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 14,666 shares of the exchange traded fund’s stock after selling 799 shares during the period. Putnam FL Investment Management Co.’s holdings in iShares Russell 1000 Growth Index were worth $1,975,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in IWF. Clear Perspective Advisors LLC acquired a new stake in shares of iShares Russell 1000 Growth Index during the 3rd quarter worth about $106,000. Motco increased its position in shares of iShares Russell 1000 Growth Index by 86.3% during the 3rd quarter. Motco now owns 857 shares of the exchange traded fund’s stock worth $107,000 after purchasing an additional 397 shares in the last quarter. SeaCrest Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Growth Index during the 4th quarter worth about $135,000. Front Row Advisors LLC acquired a new stake in shares of iShares Russell 1000 Growth Index during the 4th quarter worth about $175,000. Finally, Farmers National Bank increased its position in shares of iShares Russell 1000 Growth Index by 15.0% during the 2nd quarter. Farmers National Bank now owns 1,498 shares of the exchange traded fund’s stock worth $178,000 after purchasing an additional 195 shares in the last quarter.

Shares of iShares Russell 1000 Growth Index (NYSEARCA:IWF) opened at $131.66 on Friday. The stock has a market cap of $39,270.00 and a PE ratio of 16.62. iShares Russell 1000 Growth Index has a 1 year low of $109.65 and a 1 year high of $146.15.

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About iShares Russell 1000 Growth Index

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.

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Institutional Ownership by Quarter for iShares Russell 1000 Growth Index (NYSEARCA:IWF)

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