iShares Russell 1000 Growth ETF (NYSEARCA:IWF) is Investment Partners LTD.’s Largest Position

Investment Partners LTD. reduced its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 7.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 39,256 shares of the exchange traded fund’s stock after selling 3,290 shares during the quarter. iShares Russell 1000 Growth ETF makes up 5.9% of Investment Partners LTD.’s investment portfolio, making the stock its largest holding. Investment Partners LTD.’s holdings in iShares Russell 1000 Growth ETF were worth $11,901,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. BluePath Capital Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth approximately $27,000. Cranbrook Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $30,000. Planned Solutions Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $34,000. Sound Income Strategies LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 772.2% during the fourth quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 139 shares during the last quarter. Finally, Mendota Financial Group LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $57,000.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF traded up $5.94 on Friday, reaching $327.99. 857,404 shares of the stock traded hands, compared to its average volume of 1,409,033. The firm has a market cap of $86.90 billion, a price-to-earnings ratio of 36.72 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 12 month low of $241.20 and a 12 month high of $340.83. The stock’s 50-day moving average price is $331.14 and its 200-day moving average price is $307.72.

iShares Russell 1000 Growth ETF Profile

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.