Adell Harriman & Carpenter Inc. Sells 459 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Adell Harriman & Carpenter Inc. cut its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 32.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 946 shares of the exchange traded fund’s stock after selling 459 shares during the period. Adell Harriman & Carpenter Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $287,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. BluePath Capital Management LLC purchased a new position in iShares Russell 1000 Growth ETF during the third quarter worth about $27,000. Cranbrook Wealth Management LLC bought a new position in iShares Russell 1000 Growth ETF during the 4th quarter valued at approximately $30,000. Planned Solutions Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth $34,000. Sound Income Strategies LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 772.2% in the 4th quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 139 shares during the last quarter. Finally, Mendota Financial Group LLC purchased a new position in iShares Russell 1000 Growth ETF during the fourth quarter valued at $57,000.

iShares Russell 1000 Growth ETF Stock Down 0.1 %

NYSEARCA:IWF traded down $0.25 on Tuesday, reaching $328.18. 103,879 shares of the company’s stock traded hands, compared to its average volume of 1,385,442. iShares Russell 1000 Growth ETF has a 12 month low of $241.41 and a 12 month high of $340.83. The firm has a market cap of $86.95 billion, a PE ratio of 36.72 and a beta of 1.20. The stock has a 50-day simple moving average of $331.20 and a 200-day simple moving average of $308.56.

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.