Carret Asset Management LLC Sells 808 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Carret Asset Management LLC cut its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 16.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 4,175 shares of the exchange traded fund’s stock after selling 808 shares during the period. Carret Asset Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,677,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Atala Financial Inc bought a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $1,285,000. Sustainable Growth Advisers LP increased its stake in iShares Russell 1000 Growth ETF by 166.8% during the 4th quarter. Sustainable Growth Advisers LP now owns 18,623 shares of the exchange traded fund’s stock worth $7,479,000 after purchasing an additional 11,643 shares in the last quarter. Madison Investment Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $980,000. JPL Wealth Management LLC bought a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $634,000. Finally, Impact Capital Partners LLC bought a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $579,000.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA IWF opened at $360.07 on Friday. The business has a 50 day simple moving average of $401.44 and a 200 day simple moving average of $391.32. iShares Russell 1000 Growth ETF has a 52-week low of $315.24 and a 52-week high of $419.53. The stock has a market cap of $93.64 billion, a price-to-earnings ratio of 36.11 and a beta of 1.09.

iShares Russell 1000 Growth ETF Company 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.