iShares Russell 1000 Growth ETF $IWF Shares Sold by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC reduced its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 99.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,874 shares of the exchange traded fund’s stock after selling 617,667 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,781,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. CIBC Bancorp USA Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $452,320,000. 71 West Capital Partners purchased a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $385,150,000. OpenArc Corporate Advisory LLC purchased a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $376,761,000. Dynasty Wealth Management LLC grew its holdings in iShares Russell 1000 Growth ETF by 1,752.6% in the fourth quarter. Dynasty Wealth Management LLC now owns 657,578 shares of the exchange traded fund’s stock valued at $311,232,000 after purchasing an additional 622,083 shares during the period. Finally, Morgan Stanley grew its holdings in iShares Russell 1000 Growth ETF by 2.2% in the fourth quarter. Morgan Stanley now owns 27,636,174 shares of the exchange traded fund’s stock valued at $13,080,203,000 after purchasing an additional 587,889 shares during the period. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock opened at $123.19 on Friday. The stock has a market capitalization of $128.66 billion, a PE ratio of 33.43 and a beta of 1.16. The business has a 50 day simple moving average of $121.93 and a 200-day simple moving average of $117.14. iShares Russell 1000 Growth ETF has a 12 month low of $100.47 and a 12 month high of $129.14.

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.