iShares Russell 1000 Growth ETF $IWF Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC reduced its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 202,348 shares of the exchange traded fund’s stock after selling 4,319 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $25,346,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Peoples Financial Services CORP. bought a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $163,000. Vision Capital Management Inc. bought a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $445,000. Tred Avon Family Wealth LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 39.6% during the 3rd quarter. Tred Avon Family Wealth LLC now owns 6,749 shares of the exchange traded fund’s stock worth $845,000 after acquiring an additional 1,913 shares in the last quarter. Bank of Stockton acquired a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter valued at approximately $414,000. Finally, Smithbridge Asset Management Inc. DE acquired a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter valued at approximately $1,542,000. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Up 0.1%

IWF traded up $0.14 during trading hours on Tuesday, hitting $122.75. 1,631,167 shares of the company’s stock were exchanged, compared to its average volume of 7,465,972. iShares Russell 1000 Growth ETF has a 1-year low of $102.23 and a 1-year high of $129.80. The stock’s 50-day moving average is $124.11 and its two-hundred day moving average is $121.87. The stock has a market cap of $125.98 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.