iShares Russell 1000 Growth ETF $IWF Stock Sold by Avity Investment Management Inc.

Avity Investment Management Inc. reduced its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 11.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,757 shares of the exchange traded fund’s stock after selling 7,298 shares during the period. Avity Investment Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $6,859,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Envestnet Asset Management Inc. raised its stake in shares of iShares Russell 1000 Growth ETF by 291.9% during the second quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock valued at $2,603,007,000 after acquiring an additional 15,614,625 shares in the last quarter. Baird Financial Group Inc. grew its stake in iShares Russell 1000 Growth ETF by 312.9% in the second quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock worth $1,438,978,000 after purchasing an additional 8,781,777 shares in the last quarter. Royal Bank of Canada increased its holdings in iShares Russell 1000 Growth ETF by 16.2% during the 4th quarter. Royal Bank of Canada now owns 2,024,447 shares of the exchange traded fund’s stock worth $958,170,000 after purchasing an additional 282,106 shares during the period. Focus Partners Wealth increased its holdings in iShares Russell 1000 Growth ETF by 44.1% during the 4th quarter. Focus Partners Wealth now owns 1,908,493 shares of the exchange traded fund’s stock worth $903,193,000 after purchasing an additional 583,623 shares during the period. Finally, Stairway Partners LLC bought a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter valued at $198,042,000. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock traded up $0.80 during mid-day trading on Friday, hitting $127.91. The stock had a trading volume of 3,546,758 shares, compared to its average volume of 7,522,298. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.80. The firm’s 50-day moving average is $123.80 and its two-hundred day moving average is $120.94. The firm has a market capitalization of $130.33 billion, a P/E ratio of 33.43 and a beta of 1.16.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.