PFG Advisors Trims Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

PFG Advisors decreased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 14.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,482 shares of the exchange traded fund’s stock after selling 1,486 shares during the period. PFG Advisors’ holdings in iShares Russell 1000 Growth ETF were worth $3,406,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Raymond James Financial Inc. purchased a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $1,367,267,000. Strategic Financial Concepts LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 44,227.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 656,939 shares of the exchange traded fund’s stock valued at $263,814,000 after acquiring an additional 655,457 shares during the period. Wellington Management Group LLP raised its position in iShares Russell 1000 Growth ETF by 5,975.8% in the 3rd quarter. Wellington Management Group LLP now owns 540,989 shares of the exchange traded fund’s stock valued at $203,076,000 after purchasing an additional 532,085 shares during the last quarter. Bryn Mawr Capital Management LLC boosted its stake in iShares Russell 1000 Growth ETF by 1,072.5% during the 4th quarter. Bryn Mawr Capital Management LLC now owns 295,540 shares of the exchange traded fund’s stock worth $118,683,000 after purchasing an additional 270,335 shares during the period. Finally, Choreo LLC grew its position in iShares Russell 1000 Growth ETF by 34.9% during the 4th quarter. Choreo LLC now owns 676,064 shares of the exchange traded fund’s stock worth $272,261,000 after purchasing an additional 174,889 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA IWF opened at $362.98 on Wednesday. The firm’s fifty day moving average is $402.92 and its two-hundred day moving average is $391.71. iShares Russell 1000 Growth ETF has a one year low of $315.24 and a one year high of $419.53. The firm has a market cap of $94.39 billion, a PE ratio of 36.11 and a beta of 1.09.

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.