iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Shares Sold by Wrapmanager Inc.

Wrapmanager Inc. cut its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 5.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,497 shares of the exchange traded fund’s stock after selling 94 shares during the quarter. Wrapmanager Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $454,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cranbrook Wealth Management LLC purchased a new position in iShares Russell 1000 Growth ETF during the 4th quarter valued at about $30,000. Planned Solutions Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $34,000. Sound Income Strategies LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 772.2% in the fourth quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 139 shares in the last quarter. Mendota Financial Group LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $57,000. Finally, Clear Investment Research LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter valued at $68,000.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA:IWF traded up $1.03 during trading on Thursday, hitting $336.22. 541,780 shares of the company were exchanged, compared to its average volume of 1,353,440. The firm’s 50 day moving average price is $331.44 and its 200-day moving average price is $311.17. iShares Russell 1000 Growth ETF has a 12-month low of $246.29 and a 12-month high of $340.83. The stock has a market capitalization of $88.95 billion, a P/E ratio of 35.64 and a beta of 1.20.

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.