iShares Russell 1000 Growth ETF $IWF Shares Sold by Compass Financial Group Inc.

Compass Financial Group Inc. reduced its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 7.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,120 shares of the exchange traded fund’s stock after selling 2,795 shares during the period. iShares Russell 1000 Growth ETF accounts for about 7.6% of Compass Financial Group Inc.’s holdings, making the stock its 3rd biggest position. Compass Financial Group Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $16,919,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWF. Endowment Wealth Management Inc. purchased a new position in iShares Russell 1000 Growth ETF during the 2nd quarter worth approximately $210,000. First Horizon Corp purchased a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $39,629,000. Dynasty Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter valued at approximately $16,626,000. Advyzon Investment Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the second quarter worth approximately $615,000. Finally, Permanent Capital Management LP acquired a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter valued at $4,100,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA:IWF opened at $446.11 on Friday. The stock has a market cap of $114.74 billion, a P/E ratio of 33.43 and a beta of 1.13. The firm has a fifty day moving average price of $472.12 and a 200 day moving average price of $464.27. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $493.00.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.