iShares Russell 1000 Growth ETF (IWF) Position Trimmed by Aspen Investment Management Inc

Aspen Investment Management Inc lowered its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 25.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,278 shares of the exchange traded fund’s stock after selling 1,131 shares during the period. Aspen Investment Management Inc’s holdings in iShares Russell 1000 Growth ETF were worth $429,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in IWF. Parsec Financial Management Inc. lifted its position in iShares Russell 1000 Growth ETF by 1.7% during the fourth quarter. Parsec Financial Management Inc. now owns 15,524 shares of the exchange traded fund’s stock valued at $2,032,000 after buying an additional 261 shares during the period. Nottingham Advisors Inc. lifted its position in iShares Russell 1000 Growth ETF by 2.2% during the fourth quarter. Nottingham Advisors Inc. now owns 77,007 shares of the exchange traded fund’s stock valued at $11,746,000 after buying an additional 1,675 shares during the period. Beacon Pointe Advisors LLC purchased a new position in iShares Russell 1000 Growth ETF during the fourth quarter valued at $2,500,000. First Citizens Bank & Trust Co. lifted its position in iShares Russell 1000 Growth ETF by 73.3% during the fourth quarter. First Citizens Bank & Trust Co. now owns 60,883 shares of the exchange traded fund’s stock valued at $7,970,000 after buying an additional 25,744 shares during the period. Finally, Fusion Family Wealth LLC lifted its position in iShares Russell 1000 Growth ETF by 40.9% during the fourth quarter. Fusion Family Wealth LLC now owns 799 shares of the exchange traded fund’s stock valued at $105,000 after buying an additional 232 shares during the period.

Shares of iShares Russell 1000 Growth ETF stock opened at $152.69 on Friday. iShares Russell 1000 Growth ETF has a 12 month low of $121.71 and a 12 month high of $157.30.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st will be given a dividend of $0.4289 per share. The ex-dividend date is Wednesday, March 20th. This represents a $1.72 annualized dividend and a yield of 1.12%. This is a positive change from iShares Russell 1000 Growth ETF’s previous quarterly dividend of $0.02.

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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.

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Institutional Ownership by Quarter for iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

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