Park Edge Advisors LLC Decreases Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Park Edge Advisors LLC trimmed its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 32.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,911 shares of the exchange traded fund’s stock after selling 3,282 shares during the quarter. iShares Russell 1000 Growth ETF accounts for about 0.8% of Park Edge Advisors LLC’s portfolio, making the stock its 26th largest position. Park Edge Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,775,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Beck Bode LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter valued at approximately $202,000. Sei Investments Co. lifted its stake in shares of iShares Russell 1000 Growth ETF by 6.8% during the second quarter. Sei Investments Co. now owns 36,421 shares of the exchange traded fund’s stock worth $13,276,000 after buying an additional 2,316 shares during the period. AQR Capital Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the second quarter valued at $200,000. Daymark Wealth Partners LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter valued at $331,000. Finally, Millennium Management LLC raised its stake in iShares Russell 1000 Growth ETF by 100.1% in the 2nd quarter. Millennium Management LLC now owns 31,681 shares of the exchange traded fund’s stock worth $11,548,000 after acquiring an additional 15,845 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $415.49 on Friday. The stock has a 50-day moving average of $405.51 and a two-hundred day moving average of $381.95. The stock has a market cap of $109.92 billion, a P/E ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a one year low of $310.51 and a one year high of $419.53.

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.