Pinion Investment Advisors LLC Reduces Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Pinion Investment Advisors LLC reduced its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 10.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,625 shares of the exchange traded fund’s stock after selling 190 shares during the period. Pinion Investment Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $653,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of IWF. Forum Financial Management LP increased its position in shares of iShares Russell 1000 Growth ETF by 2.3% in the 3rd quarter. Forum Financial Management LP now owns 18,682 shares of the exchange traded fund’s stock valued at $7,013,000 after acquiring an additional 416 shares during the period. Roman Butler Fullerton & Co. raised its stake in shares of iShares Russell 1000 Growth ETF by 310.2% in the third quarter. Roman Butler Fullerton & Co. now owns 8,184 shares of the exchange traded fund’s stock worth $3,109,000 after purchasing an additional 6,189 shares during the last quarter. Centennial Bank AR lifted its holdings in shares of iShares Russell 1000 Growth ETF by 19.3% during the third quarter. Centennial Bank AR now owns 14,065 shares of the exchange traded fund’s stock worth $5,280,000 after purchasing an additional 2,271 shares during the period. Wetzel Investment Advisors Inc. boosted its position in iShares Russell 1000 Growth ETF by 99.5% in the third quarter. Wetzel Investment Advisors Inc. now owns 42,250 shares of the exchange traded fund’s stock valued at $15,860,000 after buying an additional 21,077 shares during the last quarter. Finally, World Equity Group Inc. increased its holdings in iShares Russell 1000 Growth ETF by 44.7% in the 3rd quarter. World Equity Group Inc. now owns 1,236 shares of the exchange traded fund’s stock worth $464,000 after buying an additional 382 shares during the period.

iShares Russell 1000 Growth ETF Trading Down 2.5 %

IWF opened at $384.86 on Tuesday. iShares Russell 1000 Growth ETF has a 12-month low of $315.24 and a 12-month high of $419.53. The firm has a 50 day moving average of $407.19 and a two-hundred day moving average of $391.34. The firm has a market capitalization of $100.08 billion, a PE ratio of 36.11 and a beta of 1.09.

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.