iShares Russell 1000 Growth ETF $IWF Position Trimmed by McAdam LLC

McAdam LLC trimmed its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 16.5% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,482 shares of the exchange traded fund’s stock after selling 2,067 shares during the period. McAdam LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,785,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Creative Financial Designs Inc. ADV increased its holdings in iShares Russell 1000 Growth ETF by 1.6% in the first quarter. Creative Financial Designs Inc. ADV now owns 1,831 shares of the exchange traded fund’s stock valued at $661,000 after purchasing an additional 29 shares during the last quarter. Midwest Professional Planners LTD. increased its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% in the first quarter. Midwest Professional Planners LTD. now owns 6,809 shares of the exchange traded fund’s stock worth $2,458,000 after acquiring an additional 30 shares in the last quarter. Laurel Wealth Advisors LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 0.8% in the first quarter. Laurel Wealth Advisors LLC now owns 4,015 shares of the exchange traded fund’s stock worth $1,450,000 after acquiring an additional 31 shares in the last quarter. Arvest Investments Inc. increased its holdings in shares of iShares Russell 1000 Growth ETF by 3.0% in the first quarter. Arvest Investments Inc. now owns 1,097 shares of the exchange traded fund’s stock worth $396,000 after acquiring an additional 32 shares in the last quarter. Finally, Dagco Inc. increased its holdings in shares of iShares Russell 1000 Growth ETF by 2.4% in the first quarter. Dagco Inc. now owns 1,507 shares of the exchange traded fund’s stock worth $544,000 after acquiring an additional 35 shares in the last quarter. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Price Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $457.54 on Wednesday. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $455.47. The business has a 50-day moving average of $439.86 and a two-hundred day moving average of $400.81. The company has a market capitalization of $119.58 billion, a P/E ratio of 33.43 and a beta of 1.08.

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.