iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Shares Sold by Rhumbline Advisers

Rhumbline Advisers decreased its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 32.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,444 shares of the exchange traded fund’s stock after selling 15,895 shares during the quarter. Rhumbline Advisers’ holdings in iShares Russell 1000 Growth ETF were worth $13,430,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Smith Salley Wealth Management raised its holdings in iShares Russell 1000 Growth ETF by 14.3% in the 4th quarter. Smith Salley Wealth Management now owns 3,256 shares of the exchange traded fund’s stock worth $1,307,000 after purchasing an additional 407 shares during the period. Affiance Financial LLC raised its holdings in 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 worth $12,061,000 after purchasing an additional 1,322 shares during the period. Clientfirst Wealth Management LLC acquired a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth about $11,350,000. Realta Investment Advisors acquired a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth about $1,095,000. Finally, Independent Advisor Alliance raised its holdings in iShares Russell 1000 Growth ETF by 8.4% in the 3rd quarter. Independent Advisor Alliance now owns 1,125 shares of the exchange traded fund’s stock worth $422,000 after purchasing an additional 87 shares during the period.

iShares Russell 1000 Growth ETF Trading Down 2.3 %

NYSEARCA IWF opened at $404.88 on Friday. The stock has a market capitalization of $107.11 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a twelve month low of $315.24 and a twelve month high of $419.53. The stock has a 50-day moving average of $409.15 and a 200 day moving average of $389.15.

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.