Trademark Financial Management LLC Sells 5,272 Shares of iShares Russell 1000 Growth ETF $IWF

Trademark Financial Management LLC lowered its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 25.9% during the third quarter, Holdings Channel reports. The firm owned 15,073 shares of the exchange traded fund’s stock after selling 5,272 shares during the period. iShares Russell 1000 Growth ETF accounts for about 0.8% of Trademark Financial Management LLC’s portfolio, making the stock its 29th largest position. Trademark Financial Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,888,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings 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 purchasing an additional 15,614,625 shares in the last quarter. Baird Financial Group Inc. increased its position 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 buying an additional 8,781,777 shares during the last quarter. Signaturefd LLC acquired a new position in iShares Russell 1000 Growth ETF during the third quarter worth $924,594,000. Stairway Partners LLC acquired a new position in iShares Russell 1000 Growth ETF during the third quarter worth $198,042,000. Finally, Cetera Investment Advisers raised its holdings in iShares Russell 1000 Growth ETF by 0.4% during 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 buying an additional 6,404 shares in the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF opened at $119.61 on Monday. iShares Russell 1000 Growth ETF has a fifty-two week low of $102.23 and a fifty-two week high of $129.80. The stock’s 50-day moving average is $123.84 and its two-hundred day moving average is $122.26. The firm has a market cap of $122.07 billion, a P/E ratio of 33.43 and a beta of 1.16.

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.