AMI Asset Management Corp Sells 146,658 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

AMI Asset Management Corp lessened its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 93.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,154 shares of the exchange traded fund’s stock after selling 146,658 shares during the quarter. AMI Asset Management Corp’s holdings in iShares Russell 1000 Growth ETF were worth $3,422,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWF. Cranbrook Wealth Management LLC acquired a new position in iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $30,000. Creekmur Asset Management LLC acquired a new position in iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $33,000. Planned Solutions Inc. acquired a new position in iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $34,000. Frazier Financial Advisors LLC acquired a new position in iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $36,000. Finally, Sound Income Strategies LLC grew its holdings in 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 valued at $48,000 after purchasing an additional 139 shares during the last quarter.

iShares Russell 1000 Growth ETF Price Performance

Shares of iShares Russell 1000 Growth ETF stock traded up $3.21 during midday trading on Thursday, hitting $374.18. The company had a trading volume of 868,844 shares, compared to its average volume of 1,339,812. The business’s 50 day simple moving average is $348.31 and its two-hundred day simple moving average is $330.79. The stock has a market cap of $98.99 billion, a PE ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 1-year low of $256.01 and a 1-year high of $374.23.

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.