GLOBALT Investments LLC GA Cuts Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

GLOBALT Investments LLC GA decreased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,061,238 shares of the exchange traded fund’s stock after selling 39,996 shares during the period. iShares Russell 1000 Growth ETF makes up about 16.3% of GLOBALT Investments LLC GA’s investment portfolio, making the stock its largest holding. GLOBALT Investments LLC GA owned about 0.40% of iShares Russell 1000 Growth ETF worth $426,172,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Robinson Smith Wealth Advisors LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 6.7% during the 4th quarter. Robinson Smith Wealth Advisors LLC now owns 7,990 shares of the exchange traded fund’s stock worth $3,209,000 after buying an additional 500 shares during the last quarter. GWN Securities Inc. bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth about $457,000. Harbour Investments Inc. boosted its position in iShares Russell 1000 Growth ETF by 3.2% during the fourth quarter. Harbour Investments Inc. now owns 8,312 shares of the exchange traded fund’s stock valued at $3,338,000 after purchasing an additional 260 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in iShares Russell 1000 Growth ETF by 11.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 78,223 shares of the exchange traded fund’s stock valued at $31,413,000 after purchasing an additional 8,034 shares in the last quarter. Finally, CBIZ Investment Advisory Services LLC increased its position in shares of iShares Russell 1000 Growth ETF by 1.2% during the 4th quarter. CBIZ Investment Advisory Services LLC now owns 3,103 shares of the exchange traded fund’s stock worth $1,246,000 after purchasing an additional 37 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $369.20 on Friday. iShares Russell 1000 Growth ETF has a 52-week low of $315.24 and a 52-week high of $419.53. The stock has a market cap of $96.82 billion, a price-to-earnings ratio of 31.83 and a beta of 1.11. The firm’s 50-day moving average is $400.68 and its 200-day moving average is $391.52.

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.