First Horizon Advisors Inc. Decreases Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

First Horizon Advisors Inc. trimmed its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,692 shares of the exchange traded fund’s stock after selling 4,819 shares during the period. iShares Russell 1000 Growth ETF accounts for approximately 1.1% of First Horizon Advisors Inc.’s holdings, making the stock its 18th largest position. First Horizon Advisors Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $39,970,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Toth Financial Advisory Corp increased its stake 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 worth $26,000 after purchasing an additional 56 shares in the last quarter. Runnymede Capital Advisors Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth $27,000. EQ Wealth Advisors LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 1st quarter worth $32,000. American Capital Advisory LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 792.3% in 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 in the last quarter. Finally, one8zero8 LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth $47,000. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA:IWF opened at $423.52 on Thursday. The firm has a market capitalization of $111.47 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $425.68. The business has a fifty day moving average price of $396.79 and a 200-day moving average price of $390.38.

iShares Russell 1000 Growth ETF 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.