iShares Russell 1000 Growth ETF $IWF Shares Sold by Riverbridge Partners LLC

Riverbridge Partners LLC cut its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 77.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,979 shares of the exchange traded fund’s stock after selling 6,737 shares during the period. Riverbridge Partners LLC’s holdings in iShares Russell 1000 Growth ETF were worth $248,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its position in iShares Russell 1000 Growth ETF by 291.9% in the second quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock worth $2,603,007,000 after acquiring an additional 15,614,625 shares during the period. Baird Financial Group Inc. increased its stake in iShares Russell 1000 Growth ETF by 312.9% during the second quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock worth $1,438,978,000 after acquiring an additional 8,781,777 shares during the last quarter. Signaturefd LLC purchased a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at $924,594,000. Commonwealth Equity Services LLC purchased a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at $780,796,000. Finally, Cetera Investment Advisers raised its position in iShares Russell 1000 Growth ETF by 0.4% in the first quarter. Cetera Investment Advisers now owns 1,569,465 shares of the exchange traded fund’s stock valued at $669,220,000 after purchasing an additional 6,404 shares during the period. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Up 2.3%

Shares of iShares Russell 1000 Growth ETF stock opened at $116.62 on Thursday. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.80. The business’s fifty day simple moving average is $122.45 and its 200-day simple moving average is $119.36. The firm has a market cap of $120.12 billion, a PE ratio of 26.29 and a beta of 1.17.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.