Nvest Financial LLC Sells 284 Shares of iShares Russell 1000 Growth ETF $IWF

Nvest Financial LLC lowered its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,215 shares of the exchange traded fund’s stock after selling 284 shares during the quarter. iShares Russell 1000 Growth ETF comprises approximately 8.9% of Nvest Financial LLC’s investment portfolio, making the stock its biggest holding. Nvest Financial LLC’s holdings in iShares Russell 1000 Growth ETF were worth $17,074,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. Allianz Asset Management GmbH increased its stake in shares of iShares Russell 1000 Growth ETF by 72.1% in the second quarter. Allianz Asset Management GmbH now owns 58,600 shares of the exchange traded fund’s stock valued at $24,880,000 after purchasing an additional 24,550 shares during the period. Uptick Partners LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 47.4% in the second quarter. Uptick Partners LLC now owns 1,582 shares of the exchange traded fund’s stock valued at $672,000 after purchasing an additional 509 shares during the period. Chesapeake Wealth Management acquired a new stake in shares of iShares Russell 1000 Growth ETF in the second quarter valued at approximately $231,000. IFG Advisors LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 2.4% in the second quarter. IFG Advisors LLC now owns 5,145 shares of the exchange traded fund’s stock valued at $2,184,000 after purchasing an additional 123 shares during the period. Finally, Ritholtz Wealth Management increased its stake in shares of iShares Russell 1000 Growth ETF by 32.3% in the second quarter. Ritholtz Wealth Management now owns 3,405 shares of the exchange traded fund’s stock valued at $1,446,000 after purchasing an additional 832 shares during the period. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 0.4%

Shares of NYSEARCA:IWF opened at $467.03 on Thursday. The firm’s 50 day moving average is $457.09 and its two-hundred day moving average is $416.78. iShares Russell 1000 Growth ETF has a 52 week low of $308.67 and a 52 week high of $476.74. The firm has a market capitalization of $120.91 billion, a P/E ratio of 33.43 and a beta of 1.08.

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.