Traphagen Investment Advisors LLC Sells 72 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Traphagen Investment Advisors LLC lowered its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.6% during the first quarter, HoldingsChannel.com reports. The fund owned 1,907 shares of the exchange traded fund’s stock after selling 72 shares during the period. Traphagen Investment Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $689,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IWF. GAMMA Investing LLC increased its stake in iShares Russell 1000 Growth ETF by 37,046.7% in the first quarter. GAMMA Investing LLC now owns 3,515,933 shares of the exchange traded fund’s stock valued at $1,269,568,000 after acquiring an additional 3,506,468 shares during the period. Raymond James Financial Inc. bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth about $1,367,267,000. Demars Financial Group LLC grew its stake in iShares Russell 1000 Growth ETF by 39,345.2% during the fourth quarter. Demars Financial Group LLC now owns 834,661 shares of the exchange traded fund’s stock worth $335,183,000 after buying an additional 832,545 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth about $279,993,000. Finally, Focus Partners Wealth grew its stake in iShares Russell 1000 Growth ETF by 191.3% during the fourth quarter. Focus Partners Wealth now owns 805,124 shares of the exchange traded fund’s stock worth $323,347,000 after buying an additional 528,761 shares during the last quarter.

iShares Russell 1000 Growth ETF Trading Down 1.3%

Shares of iShares Russell 1000 Growth ETF stock opened at $405.57 on Monday. The stock has a market capitalization of $106.89 billion, a price-to-earnings ratio of 32.66 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. The firm’s 50-day moving average price is $378.87 and its two-hundred day moving average price is $389.69.

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.