Trademark Financial Management LLC decreased its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 25.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,073 shares of the exchange traded fund’s stock after selling 5,272 shares during the period. iShares Russell 1000 Growth ETF accounts for approximately 0.8% of Trademark Financial Management LLC’s portfolio, making the stock its 29th biggest position. Trademark Financial Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,888,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of IWF. Envestnet Asset Management Inc. grew its stake in iShares Russell 1000 Growth ETF by 291.9% in 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 purchasing an additional 15,614,625 shares in the last quarter. Baird Financial Group Inc. increased its position in iShares Russell 1000 Growth ETF by 312.9% in the 2nd 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 during the last quarter. Signaturefd LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth about $924,594,000. Stairway Partners LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth about $198,042,000. Finally, Waverly Advisors LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 585.1% during the 2nd quarter. Waverly Advisors LLC now owns 1,393,291 shares of the exchange traded fund’s stock worth $173,005,000 after purchasing an additional 1,189,910 shares in the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.
iShares Russell 1000 Growth ETF Price Performance
Shares of iShares Russell 1000 Growth ETF stock opened at $119.61 on Monday. The firm has a market cap of $122.07 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.80. The stock has a 50-day simple moving average of $123.84 and a 200-day simple moving average of $122.26.
iShares Russell 1000 Growth ETF Company 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.
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