Avity Investment Management Inc. Decreases Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Avity Investment Management Inc. cut its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 7.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,740 shares of the exchange traded fund’s stock after selling 1,227 shares during the period. Avity Investment Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $5,305,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWF. Cranbrook Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth approximately $30,000. Creekmur Asset Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth approximately $33,000. Planned Solutions Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth approximately $34,000. Frazier Financial Advisors LLC bought a new position in iShares Russell 1000 Growth ETF in the fourth quarter worth approximately $36,000. Finally, Sound Income Strategies LLC grew its stake in iShares Russell 1000 Growth ETF by 772.2% in the fourth quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 139 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Down 0.7 %

NYSEARCA:IWF traded down $2.72 during midday trading on Friday, hitting $364.51. The stock had a trading volume of 3,803,328 shares, compared to its average volume of 1,346,152. iShares Russell 1000 Growth ETF has a one year low of $256.01 and a one year high of $370.46. The company has a market capitalization of $96.43 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. The stock has a 50-day moving average of $345.40 and a 200 day moving average of $329.08.

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.