Kovitz Investment Group Partners LLC Reduces Position in iShares Russell 1000 Growth ETF $IWF

Kovitz Investment Group Partners LLC decreased its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 99.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,874 shares of the exchange traded fund’s stock after selling 617,667 shares during the period. Kovitz Investment Group Partners LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,781,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Godsey & Gibb Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $27,000. Concord Wealth Partners increased its holdings in shares of iShares Russell 1000 Growth ETF by 210.0% in the fourth quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 42 shares during the last quarter. Reyes Financial Architecture Inc. purchased a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $30,000. Networth Advisors LLC purchased a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $32,000. Finally, Motiv8 Investments LLC acquired a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth $35,000. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA:IWF opened at $123.19 on Friday. The business has a fifty day moving average of $121.93 and a two-hundred day moving average of $117.14. The stock has a market cap of $128.66 billion, a P/E ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 52-week low of $100.47 and a 52-week high of $129.14.

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