GHP Investment Advisors Inc. Reduces Position in iShares Russell 1000 Growth ETF $IWF

GHP Investment Advisors Inc. trimmed its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 53,109 shares of the exchange traded fund’s stock after selling 169 shares during the quarter. iShares Russell 1000 Growth ETF accounts for about 1.0% of GHP Investment Advisors Inc.’s investment portfolio, making the stock its 17th biggest position. GHP Investment Advisors Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $22,549,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of IWF. Kingstone Capital Partners Texas LLC increased its position in shares of iShares Russell 1000 Growth ETF by 722,329.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 17,851,227 shares of the exchange traded fund’s stock worth $7,579,274,000 after acquiring an additional 17,848,756 shares during the last quarter. Nuveen LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the first quarter worth about $424,812,000. Wellington Management Group LLP increased its position in shares of iShares Russell 1000 Growth ETF by 311.4% during the first quarter. Wellington Management Group LLP now owns 1,285,798 shares of the exchange traded fund’s stock worth $464,289,000 after acquiring an additional 973,250 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of iShares Russell 1000 Growth ETF by 36,009.0% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 494,693 shares of the exchange traded fund’s stock worth $178,629,000 after acquiring an additional 493,323 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of iShares Russell 1000 Growth ETF by 4.3% during the first quarter. Northern Trust Corp now owns 5,109,809 shares of the exchange traded fund’s stock worth $1,845,101,000 after acquiring an additional 208,598 shares during the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $485.58 on Friday. The firm has a market cap of $125.74 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $493.00. The stock’s 50-day simple moving average is $464.75 and its 200-day simple moving average is $428.82.

About iShares Russell 1000 Growth ETF

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.