Sheets Smith Wealth Management Sells 164 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Sheets Smith Wealth Management reduced its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,803 shares of the exchange traded fund’s stock after selling 164 shares during the quarter. Sheets Smith Wealth Management’s holdings in iShares Russell 1000 Growth ETF were worth $1,527,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in IWF. International Assets Investment Management LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 39,461.1% in the third quarter. International Assets Investment Management LLC now owns 3,605,203 shares of the exchange traded fund’s stock valued at $1,353,321,000 after acquiring an additional 3,596,090 shares during the period. Wellington Management Group LLP increased its holdings in shares of iShares Russell 1000 Growth ETF by 5,975.8% during the 3rd quarter. Wellington Management Group LLP now owns 540,989 shares of the exchange traded fund’s stock worth $203,076,000 after purchasing an additional 532,085 shares during the period. Signaturefd LLC raised its position in shares of iShares Russell 1000 Growth ETF by 23.8% during the third quarter. Signaturefd LLC now owns 2,060,518 shares of the exchange traded fund’s stock valued at $773,477,000 after buying an additional 396,408 shares during the last quarter. FSA Wealth Management LLC acquired a new stake in iShares Russell 1000 Growth ETF during the third quarter valued at approximately $58,278,000. Finally, Accredited Investors Inc. lifted its position in shares of iShares Russell 1000 Growth ETF by 157.2% during the 3rd quarter. Accredited Investors Inc. now owns 250,638 shares of the exchange traded fund’s stock worth $94,084,000 after buying an additional 153,176 shares during the period.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock opened at $409.76 on Wednesday. The stock has a fifty day moving average price of $403.96 and a two-hundred day moving average price of $380.98. iShares Russell 1000 Growth ETF has a 52-week low of $310.51 and a 52-week high of $419.53. The firm has a market capitalization of $108.40 billion, a P/E ratio of 35.64 and a beta of 1.20.

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.