iShares Russell 1000 Growth ETF $IWF Shares Sold by Logan Capital Management Inc.

Logan Capital Management Inc. cut its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 82.5% in the 2nd quarter, Holdings Channel reports. The firm owned 1,710 shares of the exchange traded fund’s stock after selling 8,034 shares during the period. Logan Capital Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $726,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. ACT Wealth Management LLC lifted its stake in iShares Russell 1000 Growth ETF by 3.0% during the second quarter. ACT Wealth Management LLC now owns 820 shares of the exchange traded fund’s stock valued at $348,000 after purchasing an additional 24 shares during the last quarter. HighMark Wealth Management LLC lifted its stake in iShares Russell 1000 Growth ETF by 60.5% during the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 26 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its stake in iShares Russell 1000 Growth ETF by 1.5% during the second quarter. Signature Estate & Investment Advisors LLC now owns 1,842 shares of the exchange traded fund’s stock valued at $782,000 after purchasing an additional 27 shares during the last quarter. Madison Wealth Partners Inc lifted its stake in iShares Russell 1000 Growth ETF by 2.4% during the second quarter. Madison Wealth Partners Inc now owns 1,184 shares of the exchange traded fund’s stock valued at $503,000 after purchasing an additional 28 shares during the last quarter. Finally, Midwest Professional Planners LTD. lifted its stake in iShares Russell 1000 Growth ETF by 0.4% during the first quarter. Midwest Professional Planners LTD. now owns 6,809 shares of the exchange traded fund’s stock valued at $2,458,000 after purchasing an additional 30 shares during the last quarter. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $489.51 on Wednesday. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $490.94. The firm has a market cap of $126.83 billion, a PE ratio of 33.43 and a beta of 1.13. The firm has a 50 day simple moving average of $462.00 and a 200 day simple moving average of $425.97.

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.