iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Stake Trimmed by Brand Asset Management Group Inc.

Brand Asset Management Group Inc. reduced its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,220 shares of the exchange traded fund’s stock after selling 440 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 4.7% of Brand Asset Management Group Inc.’s holdings, making the stock its 6th biggest holding. Brand Asset Management Group Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $11,273,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWF. Chicago Capital LLC increased its position in shares of iShares Russell 1000 Growth ETF by 1.0% during the fourth quarter. Chicago Capital LLC now owns 2,765 shares of the exchange traded fund’s stock worth $1,111,000 after acquiring an additional 28 shares during the period. SRS Capital Advisors Inc. increased its position in shares of iShares Russell 1000 Growth ETF by 0.7% during the fourth quarter. SRS Capital Advisors Inc. now owns 4,085 shares of the exchange traded fund’s stock worth $1,641,000 after acquiring an additional 29 shares during the period. Abbot Financial Management Inc. increased its position in shares of iShares Russell 1000 Growth ETF by 3.4% during the fourth quarter. Abbot Financial Management Inc. now owns 908 shares of the exchange traded fund’s stock worth $365,000 after acquiring an additional 30 shares during the period. Benchmark Financial Wealth Advisors LLC increased its position in shares of iShares Russell 1000 Growth ETF by 0.8% during the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 4,232 shares of the exchange traded fund’s stock worth $1,700,000 after acquiring an additional 35 shares during the period. Finally, Lloyd Advisory Services LLC. increased its position in shares of iShares Russell 1000 Growth ETF by 0.9% during the fourth quarter. Lloyd Advisory Services LLC. now owns 4,213 shares of the exchange traded fund’s stock worth $1,692,000 after acquiring an additional 36 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA:IWF opened at $404.80 on Wednesday. The firm has a market cap of $106.69 billion, a PE ratio of 32.66 and a beta of 1.15. The firm’s 50 day simple moving average is $369.06 and its 200-day simple moving average is $388.96. iShares Russell 1000 Growth ETF has a one year low of $308.67 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.