4,762 iShares Russell 1000 Growth ETF $IWF Shares Sold by Burke & Herbert Bank & Trust Co.

Burke & Herbert Bank & Trust Co. trimmed its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 21.9% during the third quarter, Holdings Channel.com reports. The fund owned 16,988 shares of the exchange traded fund’s stock after selling 4,762 shares during the quarter. Burke & Herbert Bank & Trust Co.’s holdings in iShares Russell 1000 Growth ETF were worth $2,128,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Liberty Capital Management Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $818,000. Pekin Hardy Strauss Inc. bought a new position in shares of iShares Russell 1000 Growth ETF in the third quarter valued at approximately $595,000. Kestra Advisory Services LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 0.9% in the third quarter. Kestra Advisory Services LLC now owns 885,067 shares of the exchange traded fund’s stock valued at $110,864,000 after acquiring an additional 8,201 shares in the last quarter. Claro Advisors Inc. increased its position in shares of iShares Russell 1000 Growth ETF by 3.3% during the third quarter. Claro Advisors Inc. now owns 314,732 shares of the exchange traded fund’s stock valued at $39,423,000 after acquiring an additional 10,201 shares during the last quarter. Finally, Telos Capital Management Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter valued at approximately $897,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 1.3%

Shares of IWF traded up $1.39 on Friday, reaching $111.75. 7,265,130 shares of the company’s stock traded hands, compared to its average volume of 7,411,153. The stock’s 50 day simple moving average is $122.87 and its two-hundred day simple moving average is $119.38. The stock has a market cap of $114.24 billion, a PE ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.80.

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.