iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Holdings Trimmed by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC reduced its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,007 shares of the exchange traded fund’s stock after selling 426 shares during the quarter. Verdence Capital Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $4,336,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Napatree Capital LLC acquired a new stake in iShares Russell 1000 Growth ETF during the 1st quarter valued at $345,000. Stevens Capital Partners raised its stake in iShares Russell 1000 Growth ETF by 48.4% during the 1st quarter. Stevens Capital Partners now owns 17,434 shares of the exchange traded fund’s stock valued at $6,295,000 after purchasing an additional 5,685 shares during the period. FWG Holdings LLC acquired a new stake in iShares Russell 1000 Growth ETF during the 1st quarter valued at $274,000. Welch & Forbes LLC raised its stake in iShares Russell 1000 Growth ETF by 11.9% during the 1st quarter. Welch & Forbes LLC now owns 5,090 shares of the exchange traded fund’s stock valued at $1,838,000 after purchasing an additional 542 shares during the period. Finally, Bridgewater Advisors Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF during the 1st quarter valued at $647,000. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Up 0.3%

NYSEARCA IWF opened at $431.38 on Thursday. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $432.76. The company has a market capitalization of $113.00 billion, a PE ratio of 33.43 and a beta of 1.08. The firm’s fifty day simple moving average is $408.65 and its 200-day simple moving average is $391.49.

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.