Asset Dedication LLC Has $1.90 Million Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Asset Dedication LLC decreased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,224 shares of the exchange traded fund’s stock after selling 61 shares during the period. Asset Dedication LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,904,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in IWF. Creekmur Asset Management LLC bought a new position in iShares Russell 1000 Growth ETF during the 4th quarter worth about $33,000. Nvwm LLC raised its position in iShares Russell 1000 Growth ETF by 44.9% in the 1st quarter. Nvwm LLC now owns 100 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 31 shares during the last quarter. Frazier Financial Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at approximately $36,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares Russell 1000 Growth ETF during the 2nd quarter worth approximately $40,000. Finally, Richardson Financial Services Inc. bought a new position in shares of iShares Russell 1000 Growth ETF during the 1st quarter worth approximately $44,000.

iShares Russell 1000 Growth ETF Stock Down 2.3 %

NYSEARCA IWF opened at $346.12 on Friday. The firm’s 50 day moving average is $361.23 and its 200-day moving average is $347.01. The company has a market capitalization of $91.57 billion, a PE ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 12-month low of $256.01 and a 12-month high of $382.82.

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.