AMI Asset Management Corp Lowers Stake in iShares Russell 1000 Growth ETF $IWF

AMI Asset Management Corp lessened its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 80.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 14,131 shares of the exchange traded fund’s stock after selling 57,748 shares during the period. AMI Asset Management Corp’s holdings in iShares Russell 1000 Growth ETF were worth $6,025,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWF. Godsey & Gibb Inc. acquired a new position in iShares Russell 1000 Growth ETF during the 4th quarter worth about $27,000. Concord Wealth Partners boosted its holdings in iShares Russell 1000 Growth ETF by 210.0% during the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 42 shares during the period. Reyes Financial Architecture Inc. acquired a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $30,000. MBM Wealth Consultants LLC acquired a new position in iShares Russell 1000 Growth ETF in the 1st quarter valued at about $28,000. Finally, Networth Advisors LLC purchased a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth about $32,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $121.98 on Tuesday. The stock has a market capitalization of $127.40 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.14. The company’s 50-day simple moving average is $122.62 and its 200-day simple moving average is $117.16.

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.