CGN Advisors LLC Cuts Stock Position in iShares Russell 1000 Growth ETF $IWF

CGN Advisors LLC lessened its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,529 shares of the exchange traded fund’s stock after selling 51 shares during the quarter. CGN Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,772,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of IWF. Toth Financial Advisory Corp raised its holdings in shares of iShares Russell 1000 Growth ETF by 329.4% in the 1st quarter. Toth Financial Advisory Corp now owns 73 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 56 shares during the period. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in iShares Russell 1000 Growth ETF during the 1st quarter worth about $31,000. EQ Wealth Advisors LLC purchased a new stake in iShares Russell 1000 Growth ETF during the 1st quarter worth about $32,000. Hughes Financial Services LLC purchased a new stake in iShares Russell 1000 Growth ETF during the 1st quarter worth about $33,000. Finally, American Capital Advisory LLC increased its holdings in iShares Russell 1000 Growth ETF by 792.3% during the 1st quarter. American Capital Advisory LLC now owns 116 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 103 shares during the period. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA IWF opened at $472.68 on Tuesday. The stock’s 50-day moving average is $446.37 and its two-hundred day moving average is $405.58. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $473.01. The company has a market cap of $123.53 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08.

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.