Sterling Capital Management LLC lessened its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 88.2% in the 3rd quarter, Holdings Channel reports. The fund owned 2,440 shares of the exchange traded fund’s stock after selling 18,170 shares during the quarter. Sterling Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $306,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in shares of iShares Russell 1000 Growth ETF by 291.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock valued at $2,603,007,000 after acquiring an additional 15,614,625 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in iShares Russell 1000 Growth ETF by 312.9% in the second quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock valued at $1,438,978,000 after acquiring an additional 8,781,777 shares during the last quarter. Cetera Investment Advisers increased its stake in iShares Russell 1000 Growth ETF by 0.4% during the first quarter. Cetera Investment Advisers now owns 1,569,465 shares of the exchange traded fund’s stock worth $669,220,000 after acquiring an additional 6,404 shares during the last quarter. Fifth Third Bancorp increased its stake in iShares Russell 1000 Growth ETF by 153.2% during the first quarter. Fifth Third Bancorp now owns 983,920 shares of the exchange traded fund’s stock worth $419,544,000 after acquiring an additional 595,395 shares during the last quarter. Finally, Stairway Partners LLC purchased a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at $198,042,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.
iShares Russell 1000 Growth ETF Trading Down 2.9%
Shares of NYSEARCA:IWF opened at $117.61 on Friday. The company has a market capitalization of $120.14 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.80. The business has a 50-day moving average price of $123.62 and a 200 day moving average price of $119.44.
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.
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