Marino Stram & Associates LLC Lowers Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Marino Stram & Associates LLC trimmed its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 5.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,197 shares of the exchange traded fund’s stock after selling 136 shares during the period. Marino Stram & Associates LLC’s holdings in iShares Russell 1000 Growth ETF were worth $666,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWF. Tower Research Capital LLC TRC acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth about $25,000. BluePath Capital Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter worth about $27,000. Cranbrook Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth about $30,000. Hibernia Wealth Partners LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter worth about $32,000. Finally, Planned Solutions Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth about $34,000.

iShares Russell 1000 Growth ETF Stock Up 0.1 %

Shares of NYSEARCA IWF traded up $0.39 on Tuesday, hitting $327.40. The company had a trading volume of 479,860 shares, compared to its average volume of 1,393,612. iShares Russell 1000 Growth ETF has a 12-month low of $239.23 and a 12-month high of $340.83. The business has a 50 day moving average of $331.67 and a two-hundred day moving average of $304.79. The firm has a market capitalization of $86.74 billion, a P/E ratio of 36.72 and a beta of 1.20.

iShares Russell 1000 Growth ETF Profile

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.