Clear Point Advisors Inc. Decreases Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Clear Point Advisors Inc. reduced its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 22.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 468 shares of the exchange traded fund’s stock after selling 135 shares during the period. Clear Point Advisors Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $171,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWF. American Century Companies Inc. lifted its stake in shares of iShares Russell 1000 Growth ETF by 3,987.1% in the second quarter. American Century Companies Inc. now owns 1,530,909 shares of the exchange traded fund’s stock worth $558,032,000 after buying an additional 1,493,452 shares in the last quarter. GLOBALT Investments LLC GA purchased a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth about $350,964,000. Cetera Investment Advisers lifted its stake in shares of iShares Russell 1000 Growth ETF by 409.6% in the first quarter. Cetera Investment Advisers now owns 1,312,397 shares of the exchange traded fund’s stock worth $442,343,000 after buying an additional 1,054,881 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 28,897.3% in the second quarter. Strategic Financial Concepts LLC now owns 457,288 shares of the exchange traded fund’s stock worth $1,667,000 after buying an additional 455,711 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of iShares Russell 1000 Growth ETF by 6.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,413,232 shares of the exchange traded fund’s stock worth $1,641,130,000 after buying an additional 341,407 shares in the last quarter.

iShares Russell 1000 Growth ETF Trading Up 0.4 %

NYSEARCA:IWF opened at $374.93 on Wednesday. The company’s 50-day moving average price is $358.75 and its 200-day moving average price is $350.09. The company has a market cap of $99.19 billion, a P/E ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a twelve month low of $256.01 and a twelve month high of $382.82.

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.