Mercer Global Advisors Inc. ADV Sells 49,346 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Mercer Global Advisors Inc. ADV trimmed its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 11.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 384,560 shares of the exchange traded fund’s stock after selling 49,346 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in iShares Russell 1000 Growth ETF were worth $154,432,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. McIlrath & Eck LLC grew its position in iShares Russell 1000 Growth ETF by 34.1% during the 3rd quarter. McIlrath & Eck LLC now owns 2,191 shares of the exchange traded fund’s stock worth $822,000 after acquiring an additional 557 shares during the last quarter. Advisory Resource Group boosted its stake in shares of iShares Russell 1000 Growth ETF by 5.7% during the third quarter. Advisory Resource Group now owns 18,500 shares of the exchange traded fund’s stock valued at $6,944,000 after purchasing an additional 1,003 shares in the last quarter. Anchor Investment Management LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 3.8% in the third quarter. Anchor Investment Management LLC now owns 1,977 shares of the exchange traded fund’s stock valued at $742,000 after buying an additional 73 shares during the period. World Investment Advisors LLC raised its holdings in iShares Russell 1000 Growth ETF by 18.3% in the 3rd quarter. World Investment Advisors LLC now owns 4,719 shares of the exchange traded fund’s stock valued at $1,751,000 after buying an additional 731 shares during the last quarter. Finally, Sfmg LLC raised its holdings in iShares Russell 1000 Growth ETF by 76.6% in the 3rd quarter. Sfmg LLC now owns 1,429 shares of the exchange traded fund’s stock valued at $536,000 after buying an additional 620 shares during the last quarter.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $366.79 on Thursday. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $419.53. The company’s 50 day moving average price is $362.60 and its two-hundred day moving average price is $388.13. The firm has a market capitalization of $98.65 billion, a price-to-earnings ratio of 29.90 and a beta of 1.15.

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.