Mercer Global Advisors Inc. ADV Has $154.43 Million Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Mercer Global Advisors Inc. ADV lessened its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 11.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 384,560 shares of the exchange traded fund’s stock after selling 49,346 shares during the period. Mercer Global Advisors Inc. ADV owned about 0.15% of iShares Russell 1000 Growth ETF worth $154,432,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its position in shares of iShares Russell 1000 Growth ETF by 5.2% during the 4th quarter. JPMorgan Chase & Co. now owns 7,116,045 shares of the exchange traded fund’s stock valued at $2,857,662,000 after acquiring an additional 349,222 shares during the period. Envestnet Asset Management Inc. lifted its position in iShares Russell 1000 Growth ETF by 3.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 5,383,487 shares of the exchange traded fund’s stock worth $2,161,901,000 after purchasing an additional 157,559 shares during the period. Northern Trust Corp grew its stake in iShares Russell 1000 Growth ETF by 4.3% during the fourth quarter. Northern Trust Corp now owns 4,901,211 shares of the exchange traded fund’s stock worth $1,968,228,000 after buying an additional 202,927 shares in the last quarter. Wells Fargo & Company MN grew its stake in 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 buying an additional 402,405 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at approximately $1,367,267,000.

iShares Russell 1000 Growth ETF Trading Up 0.0 %

NYSEARCA IWF opened at $366.79 on Thursday. The firm’s 50 day simple moving average is $362.60 and its 200 day simple moving average is $388.13. The firm has a market capitalization of $98.65 billion, a price-to-earnings ratio of 29.90 and a beta of 1.15. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $419.53.

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.