Traders Sell iShares Russell 1000 Growth Index (IWF) on Strength (IWF)

Traders sold shares of iShares Russell 1000 Growth Index (NYSEARCA:IWF) on strength during trading hours on Friday. $47.88 million flowed into the stock on the tick-up and $193.01 million flowed out of the stock on the tick-down, for a money net flow of $145.13 million out of the stock. Of all stocks tracked, iShares Russell 1000 Growth Index had the 6th highest net out-flow for the day. iShares Russell 1000 Growth Index traded up $0.94 for the day and closed at $141.21

The stock has a market cap of $42,090.00 and a price-to-earnings ratio of 17.83.

The business also recently declared a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Friday, December 22nd were issued a $0.3567 dividend. This represents a $1.43 annualized dividend and a dividend yield of 1.01%. The ex-dividend date was Thursday, December 21st. iShares Russell 1000 Growth Index’s dividend payout ratio (DPR) is 18.69%.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. TIAA FSB acquired a new stake in iShares Russell 1000 Growth Index in the 2nd quarter valued at approximately $701,397,000. Balentine LLC increased its position in iShares Russell 1000 Growth Index by 185.1% in the 3rd quarter. Balentine LLC now owns 2,365,146 shares of the exchange traded fund’s stock valued at $295,785,000 after acquiring an additional 1,535,618 shares during the period. Parametric Portfolio Associates LLC increased its position in iShares Russell 1000 Growth Index by 250.7% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 1,975,736 shares of the exchange traded fund’s stock valued at $247,086,000 after acquiring an additional 1,412,361 shares during the period. Voya Investment Management LLC increased its position in iShares Russell 1000 Growth Index by 657.3% in the 2nd quarter. Voya Investment Management LLC now owns 626,944 shares of the exchange traded fund’s stock valued at $74,619,000 after acquiring an additional 544,162 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in iShares Russell 1000 Growth Index by 6.0% in the 2nd quarter. Goldman Sachs Group Inc. now owns 8,761,515 shares of the exchange traded fund’s stock valued at $1,042,796,000 after acquiring an additional 495,824 shares during the period.

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About iShares Russell 1000 Growth Index

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.

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