iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Shares Sold by Sage Financial Group Inc.

Sage Financial Group Inc. lowered its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 5.5% during the second quarter, Holdings Channel.com reports. The fund owned 29,239 shares of the exchange traded fund’s stock after selling 1,716 shares during the quarter. iShares Russell 1000 Growth ETF accounts for 0.9% of Sage Financial Group Inc.’s holdings, making the stock its 17th largest holding. Sage Financial Group Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $10,658,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Creekmur Asset Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at about $33,000. Nvwm LLC raised its holdings in iShares Russell 1000 Growth ETF by 44.9% in the first quarter. Nvwm LLC now owns 100 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 31 shares during the period. Frazier Financial Advisors LLC acquired a new position in iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $36,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares Russell 1000 Growth ETF during the second quarter worth approximately $40,000. Finally, Richardson Financial Services Inc. purchased a new stake in iShares Russell 1000 Growth ETF during the first quarter worth approximately $44,000.

iShares Russell 1000 Growth ETF Stock Down 0.1 %

Shares of IWF stock traded down $0.50 during mid-day trading on Wednesday, reaching $354.29. The company’s stock had a trading volume of 387,986 shares, compared to its average volume of 1,328,433. The firm has a market capitalization of $93.73 billion, a PE ratio of 35.64 and a beta of 1.20. The company’s 50 day simple moving average is $362.11 and its 200-day simple moving average is $346.59. iShares Russell 1000 Growth ETF has a 12-month low of $256.01 and a 12-month high of $382.82.

iShares Russell 1000 Growth ETF Company 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.