Vestmark Advisory Solutions Inc. Has $3.34 Million Holdings in iShares Russell 1000 Growth ETF $IWF

Vestmark Advisory Solutions Inc. trimmed its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 41.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 7,122 shares of the exchange traded fund’s stock after selling 5,096 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $3,336,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWF. Bell Investment Advisors Inc bought a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter valued at about $32,000. Manning & Napier Advisors LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $47,000. Flagship Wealth Advisors LLC lifted its stake in iShares Russell 1000 Growth ETF by 131.9% in the 3rd quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 62 shares during the last quarter. Steigerwald Gordon & Koch Inc. bought a new position in iShares Russell 1000 Growth ETF during the third quarter worth about $53,000. Finally, Compass Financial Services Inc bought a new position in iShares Russell 1000 Growth ETF during the second quarter worth about $62,000. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Down 1.3%

NYSEARCA:IWF opened at $447.99 on Tuesday. The stock’s 50 day moving average price is $466.44 and its two-hundred day moving average price is $465.84. The firm has a market capitalization of $115.22 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $493.00.

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.