Legacy Advisors LLC Cuts Position in iShares Russell 1000 Growth ETF $IWF

Legacy Advisors LLC lowered its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 7.8% during the fourth quarter, Holdings Channel reports. The fund owned 16,178 shares of the exchange traded fund’s stock after selling 1,360 shares during the period. iShares Russell 1000 Growth ETF comprises 0.6% of Legacy Advisors LLC’s investment portfolio, making the stock its 29th largest position. Legacy Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $7,657,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of IWF. CIBC Bancorp USA Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter worth $452,320,000. Focus Partners Wealth increased its position in shares of iShares Russell 1000 Growth ETF by 75.0% during the third quarter. Focus Partners Wealth now owns 1,324,870 shares of the exchange traded fund’s stock worth $620,714,000 after acquiring an additional 568,001 shares during the period. Northern Trust Corp increased its position in shares of iShares Russell 1000 Growth ETF by 8.1% during the third quarter. Northern Trust Corp now owns 5,458,872 shares of the exchange traded fund’s stock worth $2,556,990,000 after acquiring an additional 409,416 shares during the period. Tcfg Wealth Management LLC increased its position in shares of iShares Russell 1000 Growth ETF by 26,473.7% during the third quarter. Tcfg Wealth Management LLC now owns 366,717 shares of the exchange traded fund’s stock worth $171,774,000 after acquiring an additional 365,337 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of iShares Russell 1000 Growth ETF by 2.9% during the third quarter. JPMorgan Chase & Co. now owns 7,425,658 shares of the exchange traded fund’s stock worth $3,478,253,000 after acquiring an additional 209,315 shares during the period. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 0.4%

iShares Russell 1000 Growth ETF stock opened at $474.73 on Tuesday. iShares Russell 1000 Growth ETF has a twelve month low of $328.33 and a twelve month high of $493.00. The stock’s fifty day simple moving average is $445.33 and its 200-day simple moving average is $462.76. The firm has a market capitalization of $123.83 billion, a P/E ratio of 33.43 and a beta of 1.17.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.