Cresset Asset Management LLC Sells 18,745 Shares of iShares Russell 1000 Growth ETF $IWF

Cresset Asset Management LLC reduced its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.6% in the second quarter, Holdings Channel.com reports. The institutional investor owned 499,104 shares of the exchange traded fund’s stock after selling 18,745 shares during the period. iShares Russell 1000 Growth ETF comprises 0.9% of Cresset Asset Management LLC’s holdings, making the stock its 16th largest position. Cresset Asset Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $211,910,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Concord Wealth Partners grew its holdings in shares of iShares Russell 1000 Growth ETF by 1,966.7% during the 2nd quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 59 shares during the period. HighMark Wealth Management LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 60.5% during the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 26 shares in the last quarter. Bell Investment Advisors Inc purchased a new stake in iShares Russell 1000 Growth ETF in the second quarter worth $32,000. First Community Trust NA grew its stake in iShares Russell 1000 Growth ETF by 525.0% in the second quarter. First Community Trust NA now owns 125 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 105 shares during the period. Finally, Compass Financial Services Inc bought a new position in iShares Russell 1000 Growth ETF in the second quarter worth $62,000. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Up 0.2%

Shares of iShares Russell 1000 Growth ETF stock opened at $477.43 on Friday. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $493.00. The firm has a market capitalization of $123.96 billion, a P/E ratio of 33.43 and a beta of 1.13. The business has a fifty day simple moving average of $472.93 and a two-hundred day simple moving average of $445.79.

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.