Janney Montgomery Scott LLC Sells 16,933 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Janney Montgomery Scott LLC lessened its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 765,849 shares of the exchange traded fund’s stock after selling 16,933 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 0.8% of Janney Montgomery Scott LLC’s investment portfolio, making the stock its 16th biggest holding. Janney Montgomery Scott LLC owned 0.29% of iShares Russell 1000 Growth ETF worth $258,129,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in IWF. Morgan Stanley raised its position in iShares Russell 1000 Growth ETF by 18.7% during the third quarter. Morgan Stanley now owns 23,848,988 shares of the exchange traded fund’s stock worth $6,343,593,000 after acquiring an additional 3,765,550 shares in the last quarter. UBS Group AG raised its position in iShares Russell 1000 Growth ETF by 1.7% during the fourth quarter. UBS Group AG now owns 6,102,415 shares of the exchange traded fund’s stock worth $1,850,069,000 after acquiring an additional 103,652 shares in the last quarter. Envestnet Asset Management Inc. raised its position in iShares Russell 1000 Growth ETF by 6.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 5,413,232 shares of the exchange traded fund’s stock worth $1,641,130,000 after acquiring an additional 341,407 shares in the last quarter. Northern Trust Corp raised its position in iShares Russell 1000 Growth ETF by 3.9% during the fourth quarter. Northern Trust Corp now owns 4,202,517 shares of the exchange traded fund’s stock worth $1,274,077,000 after acquiring an additional 156,995 shares in the last quarter. Finally, Raymond James & Associates raised its position in iShares Russell 1000 Growth ETF by 0.8% during the fourth quarter. Raymond James & Associates now owns 2,883,465 shares of the exchange traded fund’s stock worth $874,180,000 after acquiring an additional 22,908 shares in the last quarter.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF traded up $3.82 on Friday, hitting $378.00. 1,278,384 shares of the stock were exchanged, compared to its average volume of 1,339,332. The business’s fifty day moving average is $350.35 and its 200 day moving average is $331.61. iShares Russell 1000 Growth ETF has a 52 week low of $256.01 and a 52 week high of $378.37. The company has a market capitalization of $100.00 billion, a PE ratio of 35.64 and a beta of 1.20.

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.