iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Stake Decreased by Staley Capital Advisers Inc.

Staley Capital Advisers Inc. lowered its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.5% during the 1st quarter, HoldingsChannel reports. The fund owned 423,600 shares of the exchange traded fund’s stock after selling 2,113 shares during the period. iShares Russell 1000 Growth ETF comprises about 6.9% of Staley Capital Advisers Inc.’s investment portfolio, making the stock its largest holding. Staley Capital Advisers Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $152,958,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IWF. Creative Financial Designs Inc. ADV boosted its stake in iShares Russell 1000 Growth ETF by 1.6% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 1,831 shares of the exchange traded fund’s stock worth $661,000 after purchasing an additional 29 shares during the last quarter. Midwest Professional Planners LTD. boosted its stake in iShares Russell 1000 Growth ETF by 0.4% during the 1st quarter. Midwest Professional Planners LTD. now owns 6,809 shares of the exchange traded fund’s stock worth $2,458,000 after purchasing an additional 30 shares during the last quarter. Laurel Wealth Advisors LLC boosted its stake in iShares Russell 1000 Growth ETF by 0.8% during the 1st quarter. Laurel Wealth Advisors LLC now owns 4,015 shares of the exchange traded fund’s stock worth $1,450,000 after purchasing an additional 31 shares during the last quarter. Arvest Investments Inc. boosted its stake in iShares Russell 1000 Growth ETF by 3.0% during the 1st quarter. Arvest Investments Inc. now owns 1,097 shares of the exchange traded fund’s stock worth $396,000 after purchasing an additional 32 shares during the last quarter. Finally, Moors & Cabot Inc. boosted its stake in iShares Russell 1000 Growth ETF by 3.3% during the 1st quarter. Moors & Cabot Inc. now owns 1,244 shares of the exchange traded fund’s stock worth $449,000 after purchasing an additional 40 shares during the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Up 0.8%

Shares of IWF opened at $445.93 on Monday. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $448.79. The firm’s fifty day moving average is $423.62 and its two-hundred day moving average is $395.28. The stock has a market cap of $116.43 billion, a PE ratio of 33.43 and a beta of 1.08.

About iShares Russell 1000 Growth ETF

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.