WealthBridge Capital Management LLC Sells 87 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

WealthBridge Capital Management LLC lessened its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.4% in the 1st quarter, Holdings Channel reports. The firm owned 6,141 shares of the exchange traded fund’s stock after selling 87 shares during the period. WealthBridge Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,218,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Bank of America Corp DE lifted its holdings in shares of iShares Russell 1000 Growth ETF by 1.5% in the 4th quarter. Bank of America Corp DE now owns 30,562,347 shares of the exchange traded fund’s stock valued at $12,273,227,000 after acquiring an additional 456,535 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares Russell 1000 Growth ETF by 5.2% in the 4th quarter. JPMorgan Chase & Co. now owns 7,116,045 shares of the exchange traded fund’s stock worth $2,857,662,000 after purchasing an additional 349,222 shares during the period. Envestnet Asset Management Inc. raised its position in iShares Russell 1000 Growth ETF by 3.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 5,383,487 shares of the exchange traded fund’s stock worth $2,161,901,000 after purchasing an additional 157,559 shares during the period. Northern Trust Corp raised its position in iShares Russell 1000 Growth ETF by 4.3% in the 4th quarter. Northern Trust Corp now owns 4,901,211 shares of the exchange traded fund’s stock worth $1,968,228,000 after purchasing an additional 202,927 shares during the period. Finally, Wells Fargo & Company MN raised its position in iShares Russell 1000 Growth ETF by 9.8% in the 4th quarter. Wells Fargo & Company MN now owns 4,514,226 shares of the exchange traded fund’s stock worth $1,812,823,000 after purchasing an additional 402,405 shares during the period. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock opened at $421.70 on Friday. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $422.60. The firm has a market capitalization of $110.99 billion, a P/E ratio of 33.43 and a beta of 1.08. The company’s 50-day moving average is $391.90 and its 200 day moving average is $390.20.

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.