iShares Russell 1000 Growth ETF $IWF Stake Decreased by Riverbridge Partners LLC

Riverbridge Partners LLC cut its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 77.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,979 shares of the exchange traded fund’s stock after selling 6,737 shares during the period. Riverbridge Partners LLC’s holdings in iShares Russell 1000 Growth ETF were worth $248,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Arlington Trust Co LLC boosted its holdings in iShares Russell 1000 Growth ETF by 671.9% during the 2nd quarter. Arlington Trust Co LLC now owns 6,268 shares of the exchange traded fund’s stock valued at $778,000 after acquiring an additional 5,456 shares during the period. Brookstone Capital Management acquired a new position in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $6,233,000. Farmers & Merchants Investments Inc. purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter worth about $771,000. Capital Investment Advisors LLC purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter worth about $4,986,000. Finally, Brookmont Capital Management acquired a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter worth about $779,000. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $116.62 on Thursday. The stock has a market capitalization of $120.12 billion, a PE ratio of 26.29 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.80. The company’s 50-day simple moving average is $122.45 and its 200-day simple moving average is $119.36.

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