Mesirow Financial Investment Management Inc. Lowers Stake in iShares Russell 1000 Growth ETF $IWF

Mesirow Financial Investment Management Inc. reduced its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 30.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 131,599 shares of the exchange traded fund’s stock after selling 58,402 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 1.3% of Mesirow Financial Investment Management Inc.’s investment portfolio, making the stock its 16th largest position. Mesirow Financial Investment Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $62,291,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Flagship Private Wealth LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 0.8% during the third quarter. Flagship Private Wealth LLC now owns 2,747 shares of the exchange traded fund’s stock valued at $1,287,000 after purchasing an additional 21 shares during the period. KCM Investment Advisors LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 0.5% during the third quarter. KCM Investment Advisors LLC now owns 4,104 shares of the exchange traded fund’s stock valued at $1,922,000 after purchasing an additional 22 shares during the period. Jamison Private Wealth Management Inc. boosted its stake in shares of iShares Russell 1000 Growth ETF by 1.1% during the fourth quarter. Jamison Private Wealth Management Inc. now owns 2,078 shares of the exchange traded fund’s stock valued at $983,000 after purchasing an additional 23 shares during the period. HTG Investment Advisors Inc. boosted its stake in shares of iShares Russell 1000 Growth ETF by 0.6% during the third quarter. HTG Investment Advisors Inc. now owns 4,110 shares of the exchange traded fund’s stock valued at $1,925,000 after purchasing an additional 24 shares during the period. Finally, Romano Brothers AND Company boosted its stake in shares of iShares Russell 1000 Growth ETF by 2.2% during the fourth quarter. Romano Brothers AND Company now owns 1,148 shares of the exchange traded fund’s stock valued at $543,000 after purchasing an additional 25 shares during the period. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Up 0.8%

Shares of IWF opened at $124.31 on Thursday. The firm has a market capitalization of $129.83 billion, a P/E ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 12-month low of $97.07 and a 12-month high of $124.69. The firm has a fifty day moving average price of $113.68 and a 200-day moving average price of $116.06.

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.