Steel Grove Capital Advisors LLC Sells 1,220 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Steel Grove Capital Advisors LLC decreased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 50.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,200 shares of the exchange traded fund’s stock after selling 1,220 shares during the period. Steel Grove Capital Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $482,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of IWF. JPMorgan Chase & Co. boosted its position in iShares Russell 1000 Growth ETF by 5.2% in the fourth quarter. JPMorgan Chase & Co. now owns 7,116,045 shares of the exchange traded fund’s stock valued at $2,857,662,000 after buying an additional 349,222 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares Russell 1000 Growth ETF by 3.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,383,487 shares of the exchange traded fund’s stock valued at $2,161,901,000 after buying an additional 157,559 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of iShares Russell 1000 Growth ETF by 9.8% during the fourth quarter. Wells Fargo & Company MN now owns 4,514,226 shares of the exchange traded fund’s stock worth $1,812,823,000 after purchasing an additional 402,405 shares in the last quarter. Raymond James Financial Inc. acquired a new position in iShares Russell 1000 Growth ETF during the 4th quarter worth $1,367,267,000. Finally, LPL Financial LLC raised its position in shares of iShares Russell 1000 Growth ETF by 4.2% during the fourth quarter. LPL Financial LLC now owns 3,146,450 shares of the exchange traded fund’s stock worth $1,263,551,000 after acquiring an additional 127,129 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Down 2.7 %

iShares Russell 1000 Growth ETF stock opened at $332.54 on Tuesday. The business’s 50-day simple moving average is $370.35 and its 200 day simple moving average is $389.18. The stock has a market cap of $89.44 billion, a price-to-earnings ratio of 29.90 and a beta of 1.15. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month 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.