1ST Source Bank Reduces Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

1ST Source Bank trimmed its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 584,046 shares of the exchange traded fund’s stock after selling 1,792 shares during the period. iShares Russell 1000 Growth ETF makes up about 12.4% of 1ST Source Bank’s portfolio, making the stock its 2nd largest holding. 1ST Source Bank owned 0.22% of iShares Russell 1000 Growth ETF worth $219,239,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Resonant Capital Advisors LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 5.3% in the 2nd quarter. Resonant Capital Advisors LLC now owns 2,554 shares of the exchange traded fund’s stock worth $931,000 after purchasing an additional 128 shares in the last quarter. Catalytic Wealth RIA LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 4.0% in the 2nd quarter. Catalytic Wealth RIA LLC now owns 6,415 shares of the exchange traded fund’s stock valued at $2,338,000 after purchasing an additional 245 shares during the period. Riverview Capital Advisers LLC raised its holdings in iShares Russell 1000 Growth ETF by 58.5% during the 2nd quarter. Riverview Capital Advisers LLC now owns 3,102 shares of the exchange traded fund’s stock worth $1,131,000 after buying an additional 1,145 shares during the period. Independent Advisor Alliance lifted its stake in iShares Russell 1000 Growth ETF by 8.4% during the third quarter. Independent Advisor Alliance now owns 1,125 shares of the exchange traded fund’s stock valued at $422,000 after buying an additional 87 shares in the last quarter. Finally, AA Financial Advisors LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the third quarter worth about $278,000.

iShares Russell 1000 Growth ETF Stock Up 0.2 %

Shares of IWF traded up $0.87 during mid-day trading on Friday, reaching $414.14. The company’s stock had a trading volume of 199,356 shares, compared to its average volume of 1,312,245. The company has a market cap of $109.56 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. The business has a fifty day moving average of $390.78 and a 200 day moving average of $371.62. iShares Russell 1000 Growth ETF has a 1 year low of $293.79 and a 1 year high of $416.96.

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.