William Blair Investment Management LLC Trims Stock Position in iShares Russell 1000 Growth ETF $IWF

William Blair Investment Management LLC lowered its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 34.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 111,339 shares of the exchange traded fund’s stock after selling 57,783 shares during the period. William Blair Investment Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $52,697,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IWF. Breakwater Capital Group boosted its holdings in iShares Russell 1000 Growth ETF by 3.0% in the 3rd quarter. Breakwater Capital Group now owns 38,154 shares of the exchange traded fund’s stock worth $17,872,000 after buying an additional 1,095 shares during the last quarter. Bright Futures Wealth Management LLC. acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter worth about $532,000. 1ST Source Bank boosted its holdings in iShares Russell 1000 Growth ETF by 0.8% in the 3rd quarter. 1ST Source Bank now owns 568,098 shares of the exchange traded fund’s stock worth $266,103,000 after buying an additional 4,486 shares during the last quarter. Fifth Third Wealth Advisors LLC boosted its holdings in iShares Russell 1000 Growth ETF by 3.3% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 67,884 shares of the exchange traded fund’s stock worth $32,130,000 after buying an additional 2,139 shares during the last quarter. Finally, Formulate Financial LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter worth about $2,870,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock opened at $125.00 on Monday. iShares Russell 1000 Growth ETF has a 12-month low of $97.07 and a 12-month high of $126.04. The stock has a market cap of $130.55 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. The business’s 50-day moving average is $115.33 and its 200 day moving average is $116.21.

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.