iShares Russell 1000 Growth ETF $IWF Stock: Fifth Third Securities Inc. Decreases Position

Fifth Third Securities Inc. reduced its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 13.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 256,471 shares of the exchange traded fund’s stock after selling 41,018 shares during the period. iShares Russell 1000 Growth ETF makes up about 1.6% of Fifth Third Securities Inc.’s holdings, making the stock its 12th largest position. Fifth Third Securities Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $32,126,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in IWF. Envestnet Asset Management Inc. raised its position in iShares Russell 1000 Growth ETF by 291.9% during the second quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock worth $2,603,007,000 after acquiring an additional 15,614,625 shares during the last quarter. Baird Financial Group Inc. raised its holdings in shares of iShares Russell 1000 Growth ETF by 312.9% in the second quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock worth $1,438,978,000 after acquiring an additional 8,781,777 shares during the last quarter. Stairway Partners LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter valued at $198,042,000. Cetera Investment Advisers raised its stake in iShares Russell 1000 Growth ETF by 0.4% in the 1st quarter. Cetera Investment Advisers now owns 1,569,465 shares of the exchange traded fund’s stock valued at $669,220,000 after purchasing an additional 6,404 shares during the last quarter. Finally, Waverly Advisors LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 585.1% during the second quarter. Waverly Advisors LLC now owns 1,393,291 shares of the exchange traded fund’s stock worth $173,005,000 after buying an additional 1,189,910 shares in the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Up 1.1%

Shares of NYSEARCA:IWF traded up $1.30 during midday trading on Wednesday, reaching $123.71. The company’s stock had a trading volume of 1,458,657 shares, compared to its average volume of 7,446,290. The firm has a market cap of $126.97 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. The business has a 50 day moving average price of $124.08 and a 200 day moving average price of $121.98. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.80.

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