Summit Investment Advisory Services LLC Cuts Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Summit Investment Advisory Services LLC trimmed its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 7.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 873 shares of the exchange traded fund’s stock after selling 71 shares during the period. Summit Investment Advisory Services LLC’s holdings in iShares Russell 1000 Growth ETF were worth $265,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Moneta Group Investment Advisors LLC increased its stake in iShares Russell 1000 Growth ETF by 145,777.6% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 223,496,182 shares of the exchange traded fund’s stock valued at $47,881,822,000 after purchasing an additional 223,342,974 shares during the last quarter. Morgan Stanley increased its stake in iShares Russell 1000 Growth ETF by 18.7% in the third quarter. Morgan Stanley now owns 23,848,988 shares of the exchange traded fund’s stock valued at $6,343,593,000 after purchasing an additional 3,765,550 shares during the last quarter. UBS Group AG increased its stake in iShares Russell 1000 Growth ETF by 1.1% in the third quarter. UBS Group AG now owns 5,998,763 shares of the exchange traded fund’s stock valued at $1,595,611,000 after purchasing an additional 64,537 shares during the last quarter. Pathstone Family Office LLC increased its stake in iShares Russell 1000 Growth ETF by 7,295.0% in the third quarter. Pathstone Family Office LLC now owns 5,713,590 shares of the exchange traded fund’s stock valued at $1,519,758,000 after purchasing an additional 5,636,327 shares during the last quarter. Finally, Northern Trust Corp increased its stake in iShares Russell 1000 Growth ETF by 1.4% in the third quarter. Northern Trust Corp now owns 4,045,522 shares of the exchange traded fund’s stock valued at $1,076,068,000 after purchasing an additional 57,011 shares during the last quarter.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock traded down $0.87 during trading hours on Friday, hitting $337.05. The stock had a trading volume of 1,392,071 shares, compared to its average volume of 1,397,614. The firm has a market capitalization of $85.98 billion, a PE ratio of 26.14 and a beta of 1.08. iShares Russell 1000 Growth ETF has a twelve month low of $236.87 and a twelve month high of $340.83. The stock’s 50 day moving average is $326.73 and its 200 day moving average is $298.99.

About iShares Russell 1000 Growth ETF

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.