iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Shares Sold by Meridian Wealth Management LLC

Meridian Wealth Management LLC trimmed its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.3% in the 4th quarter, HoldingsChannel reports. The firm owned 8,318 shares of the exchange traded fund’s stock after selling 111 shares during the quarter. Meridian Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,340,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Smith Salley Wealth Management lifted its stake in iShares Russell 1000 Growth ETF by 14.3% during the fourth quarter. Smith Salley Wealth Management now owns 3,256 shares of the exchange traded fund’s stock valued at $1,307,000 after buying an additional 407 shares in the last quarter. J.W. Cole Advisors Inc. raised its holdings in shares of iShares Russell 1000 Growth ETF by 0.5% during the fourth quarter. J.W. Cole Advisors Inc. now owns 21,078 shares of the exchange traded fund’s stock valued at $8,465,000 after acquiring an additional 111 shares during the period. Affiance Financial LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 4.6% in the 4th quarter. Affiance Financial LLC now owns 30,035 shares of the exchange traded fund’s stock valued at $12,061,000 after acquiring an additional 1,322 shares in the last quarter. Clientfirst Wealth Management LLC acquired a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth approximately $11,350,000. Finally, Realta Investment Advisors purchased a new position in iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $1,095,000.

iShares Russell 1000 Growth ETF Stock Down 2.5 %

Shares of NYSEARCA:IWF opened at $384.86 on Tuesday. The company’s fifty day moving average is $407.19 and its two-hundred day moving average is $391.34. The company has a market cap of $100.08 billion, a P/E ratio of 36.11 and a beta of 1.09. iShares Russell 1000 Growth ETF has a 12-month low of $315.24 and a 12-month 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.