iShares Russell 1000 Growth ETF $IWF Shares Sold by Berkshire Money Management Inc.

Berkshire Money Management Inc. lowered its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 48.5% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 59,019 shares of the exchange traded fund’s stock after selling 55,687 shares during the period. iShares Russell 1000 Growth ETF accounts for 2.6% of Berkshire Money Management Inc.’s portfolio, making the stock its 11th biggest holding. Berkshire Money Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $25,166,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of IWF. CIBC Bancorp USA Inc. bought a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $452,320,000. 71 West Capital Partners bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth about $385,150,000. OpenArc Corporate Advisory LLC bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth about $376,761,000. Dynasty Wealth Management LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 1,752.6% in the fourth quarter. Dynasty Wealth Management LLC now owns 657,578 shares of the exchange traded fund’s stock valued at $311,232,000 after purchasing an additional 622,083 shares during the period. Finally, Morgan Stanley increased its stake in shares of iShares Russell 1000 Growth ETF by 2.2% in the fourth quarter. Morgan Stanley now owns 27,636,174 shares of the exchange traded fund’s stock valued at $13,080,203,000 after purchasing an additional 587,889 shares during the period. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 1.3%

IWF opened at $118.10 on Friday. The business’s 50 day moving average is $122.49 and its 200-day moving average is $117.14. The stock has a market cap of $123.34 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month high of $129.14.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.