iShares Russell 1000 Growth ETF $IWF Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP cut its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 80.3% in the second quarter, HoldingsChannel reports. The institutional investor owned 22,929 shares of the exchange traded fund’s stock after selling 93,283 shares during the quarter. Wellington Management Group LLP’s holdings in iShares Russell 1000 Growth ETF were worth $2,847,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Principal Securities Inc. grew its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% in the 4th quarter. Principal Securities Inc. now owns 5,159 shares of the exchange traded fund’s stock worth $2,442,000 after acquiring an additional 22 shares during the period. Marks Group Wealth Management Inc raised its holdings in iShares Russell 1000 Growth ETF by 2.1% during the fourth quarter. Marks Group Wealth Management Inc now owns 1,123 shares of the exchange traded fund’s stock worth $532,000 after purchasing an additional 23 shares during the last quarter. Blankinship & Foster LLC raised its holdings in iShares Russell 1000 Growth ETF by 0.4% during the first quarter. Blankinship & Foster LLC now owns 5,589 shares of the exchange traded fund’s stock worth $2,383,000 after purchasing an additional 24 shares during the last quarter. Rossby Financial LCC boosted its position in iShares Russell 1000 Growth ETF by 3.7% during the fourth quarter. Rossby Financial LCC now owns 674 shares of the exchange traded fund’s stock worth $319,000 after purchasing an additional 24 shares in the last quarter. Finally, Cambridge Advisors Inc. boosted its position in iShares Russell 1000 Growth ETF by 0.4% during the first quarter. Cambridge Advisors Inc. now owns 6,509 shares of the exchange traded fund’s stock worth $2,775,000 after purchasing an additional 25 shares in the last quarter. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Performance

iShares Russell 1000 Growth ETF stock opened at $121.32 on Friday. iShares Russell 1000 Growth ETF has a fifty-two week low of $102.23 and a fifty-two week high of $129.14. The firm has a market capitalization of $124.30 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. The stock’s fifty day moving average is $121.89 and its two-hundred day moving average is $119.05.

iShares Russell 1000 Growth ETF Company 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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.