336,092 iShares Russell 1000 Growth ETF $IWF Shares Sold by Sanchez Wealth Management Group

Sanchez Wealth Management Group cut its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 95.7% in the third quarter, Holdings Channel reports. The firm owned 15,195 shares of the exchange traded fund’s stock after selling 336,092 shares during the period. iShares Russell 1000 Growth ETF accounts for approximately 5.7% of Sanchez Wealth Management Group’s holdings, making the stock its 7th biggest position. Sanchez Wealth Management Group’s holdings in iShares Russell 1000 Growth ETF were worth $1,903,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IWF. Envestnet Asset Management Inc. lifted its stake in iShares Russell 1000 Growth ETF by 291.9% in the second quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock valued at $2,603,007,000 after buying an additional 15,614,625 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in shares of iShares Russell 1000 Growth ETF by 312.9% in the second quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock valued at $1,438,978,000 after acquiring an additional 8,781,777 shares during the period. Signaturefd LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth approximately $924,594,000. Choreo LLC grew its position in shares of iShares Russell 1000 Growth ETF by 2.7% during the third quarter. Choreo LLC now owns 2,601,713 shares of the exchange traded fund’s stock worth $325,891,000 after acquiring an additional 67,390 shares during the last quarter. Finally, Stairway Partners LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth approximately $198,042,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $117.90 on Thursday. The firm’s fifty day simple moving average is $123.34 and its 200-day simple moving average is $119.43. The stock has a market capitalization of $120.61 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 12 month low of $102.23 and a 12 month high of $129.80.

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.