Bridges Investment Management Inc. Sells 31,557 Shares of iShares Russell 1000 Growth ETF $IWF

Bridges Investment Management Inc. reduced its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 15.3% during the 3rd quarter, Holdings Channel reports. The fund owned 174,431 shares of the exchange traded fund’s stock after selling 31,557 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 1.0% of Bridges Investment Management Inc.’s portfolio, making the stock its 27th biggest position. Bridges Investment Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $81,705,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Concord Wealth Partners grew its holdings in shares of iShares Russell 1000 Growth ETF by 1,966.7% during the second quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 59 shares during the last quarter. Bell Investment Advisors Inc acquired a new position in iShares Russell 1000 Growth ETF during the 2nd quarter worth about $32,000. Manning & Napier Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter worth about $47,000. Flagship Wealth Advisors LLC grew its holdings in iShares Russell 1000 Growth ETF by 131.9% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 62 shares during the last quarter. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $53,000. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Trading Down 0.7%

Shares of NYSEARCA IWF opened at $465.95 on Monday. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $493.00. The company has a 50-day moving average of $473.34 and a two-hundred day moving average of $464.06. The company has a market cap of $120.31 billion, a PE ratio of 33.43 and a beta of 1.13.

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.