Truepoint Inc. Trims Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Truepoint Inc. trimmed its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 5.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,122 shares of the exchange traded fund’s stock after selling 1,381 shares during the quarter. iShares Russell 1000 Growth ETF comprises approximately 0.3% of Truepoint Inc.’s holdings, making the stock its 27th biggest position. Truepoint Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $9,430,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jim Saulnier & Associates LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $270,000. Towercrest Capital Management grew its holdings in iShares Russell 1000 Growth ETF by 0.8% during the 3rd quarter. Towercrest Capital Management now owns 9,624 shares of the exchange traded fund’s stock valued at $3,613,000 after buying an additional 78 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in iShares Russell 1000 Growth ETF by 4.9% during the 3rd quarter. Kingsview Wealth Management LLC now owns 19,590 shares of the exchange traded fund’s stock valued at $7,354,000 after buying an additional 908 shares in the last quarter. Cerity Partners LLC grew its holdings in iShares Russell 1000 Growth ETF by 13.2% during the 3rd quarter. Cerity Partners LLC now owns 934,462 shares of the exchange traded fund’s stock valued at $350,778,000 after buying an additional 109,058 shares in the last quarter. Finally, Great Valley Advisor Group Inc. grew its holdings in iShares Russell 1000 Growth ETF by 4.9% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 45,595 shares of the exchange traded fund’s stock valued at $17,115,000 after buying an additional 2,138 shares in the last quarter.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF opened at $394.12 on Friday. iShares Russell 1000 Growth ETF has a 1 year low of $287.27 and a 1 year high of $400.85. The company has a 50 day simple moving average of $381.46 and a two-hundred day simple moving average of $365.61. The firm has a market cap of $104.26 billion, a P/E ratio of 35.64 and a beta of 1.20.

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.