Rebalance LLC Has $8.88 Million Stock Position in iShares Russell 1000 Growth ETF $IWF

Rebalance LLC cut its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 12.0% in the 4th quarter, HoldingsChannel reports. The fund owned 18,771 shares of the exchange traded fund’s stock after selling 2,566 shares during the period. iShares Russell 1000 Growth ETF makes up approximately 0.5% of Rebalance LLC’s investment portfolio, making the stock its 21st biggest holding. Rebalance LLC’s holdings in iShares Russell 1000 Growth ETF were worth $8,884,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in iShares Russell 1000 Growth ETF by 2.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,425,658 shares of the exchange traded fund’s stock valued at $3,478,253,000 after purchasing an additional 209,315 shares during the last quarter. Northern Trust Corp raised its stake in shares of iShares Russell 1000 Growth ETF by 8.1% in the third quarter. Northern Trust Corp now owns 5,458,872 shares of the exchange traded fund’s stock worth $2,556,990,000 after purchasing an additional 409,416 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in shares of iShares Russell 1000 Growth ETF by 15.8% in the second quarter. Baird Financial Group Inc. now owns 2,729,778 shares of the exchange traded fund’s stock valued at $1,159,009,000 after purchasing an additional 372,064 shares in the last quarter. M&T Bank Corp lifted its holdings in shares of iShares Russell 1000 Growth ETF by 1.1% in the second quarter. M&T Bank Corp now owns 2,560,776 shares of the exchange traded fund’s stock valued at $1,087,303,000 after purchasing an additional 27,927 shares in the last quarter. Finally, Focus Partners Wealth boosted its position in shares of iShares Russell 1000 Growth ETF by 75.0% during the third quarter. Focus Partners Wealth now owns 1,324,870 shares of the exchange traded fund’s stock valued at $620,714,000 after buying an additional 568,001 shares during the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 0.5%

Shares of iShares Russell 1000 Growth ETF stock opened at $410.91 on Tuesday. The stock has a fifty day simple moving average of $450.07 and a 200 day simple moving average of $464.70. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $493.00. The company has a market capitalization of $105.69 billion, a P/E ratio of 33.43 and a beta of 1.13.

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.