Ballentine Partners LLC Sells 1,092 Shares of iShares Russell 1000 Growth ETF $IWF

Ballentine Partners LLC reduced its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 55,719 shares of the exchange traded fund’s stock after selling 1,092 shares during the period. Ballentine Partners LLC’s holdings in iShares Russell 1000 Growth ETF were worth $26,099,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Endowment Wealth Management Inc. acquired a new stake in iShares Russell 1000 Growth ETF during the second quarter worth about $210,000. First Horizon Corp acquired a new position in iShares Russell 1000 Growth ETF during the third quarter worth $39,629,000. Dynasty Wealth Management LLC acquired a new position in iShares Russell 1000 Growth ETF during the 3rd quarter worth about $16,626,000. Advyzon Investment Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the second quarter worth about $615,000. Finally, Permanent Capital Management LP acquired a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter valued at $4,100,000. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Up 0.7%

Shares of IWF opened at $474.45 on Wednesday. The firm has a market capitalization of $122.65 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. The firm’s fifty day simple moving average is $472.71 and its 200-day simple moving average is $463.23. iShares Russell 1000 Growth ETF has a twelve month low of $308.67 and a twelve month high of $493.00.

iShares Russell 1000 Growth ETF 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.