Forum Financial Management LP Sells 414 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Forum Financial Management LP decreased its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.2% in the 4th quarter, HoldingsChannel reports. The firm owned 18,268 shares of the exchange traded fund’s stock after selling 414 shares during the quarter. Forum Financial Management LP’s holdings in iShares Russell 1000 Growth ETF were worth $7,336,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Cardinal Point Capital Management ULC boosted its stake in shares of iShares Russell 1000 Growth ETF by 2.8% during the fourth quarter. Cardinal Point Capital Management ULC now owns 949 shares of the exchange traded fund’s stock valued at $381,000 after purchasing an additional 26 shares in the last quarter. Journey Strategic Wealth LLC lifted its stake in iShares Russell 1000 Growth ETF by 0.4% in the fourth quarter. Journey Strategic Wealth LLC now owns 6,323 shares of the exchange traded fund’s stock valued at $2,539,000 after buying an additional 26 shares during the period. Chemistry Wealth Management LLC grew its holdings in iShares Russell 1000 Growth ETF by 2.7% in the fourth quarter. Chemistry Wealth Management LLC now owns 1,020 shares of the exchange traded fund’s stock worth $410,000 after purchasing an additional 27 shares during the period. Stonehearth Capital Management LLC increased its position in iShares Russell 1000 Growth ETF by 1.4% in the 4th quarter. Stonehearth Capital Management LLC now owns 1,964 shares of the exchange traded fund’s stock valued at $789,000 after buying an additional 28 shares in the last quarter. Finally, Chicago Capital LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 1.0% in the 4th quarter. Chicago Capital LLC now owns 2,765 shares of the exchange traded fund’s stock worth $1,111,000 after purchasing an additional 28 shares in the last quarter.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA IWF opened at $341.62 on Friday. The company has a 50-day moving average price of $373.30 and a 200-day moving average price of $389.41. The stock has a market capitalization of $90.67 billion, a P/E ratio of 31.13 and a beta of 1.15. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $419.53.

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.