King Luther Capital Management Corp Lowers Position in iShares Russell 1000 Growth ETF $IWF

King Luther Capital Management Corp decreased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 65.4% in the second quarter, Holdings Channel.com reports. The fund owned 484 shares of the exchange traded fund’s stock after selling 913 shares during the period. King Luther Capital Management Corp’s holdings in iShares Russell 1000 Growth ETF were worth $205,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Future Fund LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 2nd quarter worth $468,000. Midwest Trust Co bought a new stake in shares of iShares Russell 1000 Growth ETF in the second quarter worth about $47,564,000. Sound View Wealth Advisors Group LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 0.9% in the second quarter. Sound View Wealth Advisors Group LLC now owns 22,351 shares of the exchange traded fund’s stock worth $9,490,000 after buying an additional 195 shares in the last quarter. BHK Investment Advisors LLC boosted its stake in iShares Russell 1000 Growth ETF by 2.8% during the second quarter. BHK Investment Advisors LLC now owns 3,686 shares of the exchange traded fund’s stock valued at $1,565,000 after buying an additional 100 shares during the last quarter. Finally, Prospera Financial Services Inc grew its holdings in iShares Russell 1000 Growth ETF by 244.2% during the 2nd quarter. Prospera Financial Services Inc now owns 105,008 shares of the exchange traded fund’s stock valued at $44,601,000 after buying an additional 74,499 shares in the last quarter. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA:IWF opened at $480.94 on Wednesday. The company has a market cap of $124.88 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $493.00. The stock’s 50 day simple moving average is $469.35 and its two-hundred day simple moving average is $435.93.

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.