MetLife Investment Management LLC Sells 42,100 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

MetLife Investment Management LLC cut its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 25.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 120,800 shares of the exchange traded fund’s stock after selling 42,100 shares during the period. MetLife Investment Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $33,242,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWF. Moneta Group Investment Advisors LLC increased its position in shares of iShares Russell 1000 Growth ETF by 145,777.6% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 223,496,182 shares of the exchange traded fund’s stock worth $47,881,822,000 after purchasing an additional 223,342,974 shares during the last quarter. Morgan Stanley boosted its stake in iShares Russell 1000 Growth ETF by 6.2% in the fourth quarter. Morgan Stanley now owns 22,099,282 shares of the exchange traded fund’s stock worth $4,734,550,000 after buying an additional 1,283,522 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares Russell 1000 Growth ETF by 2.0% during the second quarter. Envestnet Asset Management Inc. now owns 5,234,938 shares of the exchange traded fund’s stock worth $1,440,550,000 after acquiring an additional 101,439 shares in the last quarter. M&T Bank Corp raised its stake in shares of iShares Russell 1000 Growth ETF by 17.2% during the third quarter. M&T Bank Corp now owns 2,333,846 shares of the exchange traded fund’s stock worth $491,035,000 after acquiring an additional 343,345 shares in the last quarter. Finally, Truist Financial Corp raised its stake in shares of iShares Russell 1000 Growth ETF by 0.5% during the second quarter. Truist Financial Corp now owns 2,163,518 shares of the exchange traded fund’s stock worth $595,357,000 after acquiring an additional 11,285 shares in the last quarter.

iShares Russell 1000 Growth ETF Trading Up 0.6 %

Shares of IWF stock traded up $1.82 during trading hours on Monday, hitting $289.66. 604,511 shares of the company’s stock were exchanged, compared to its average volume of 1,385,674. The company has a market capitalization of $73.89 billion, a PE ratio of 26.14 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 12-month low of $209.27 and a 12-month high of $289.81. The business’s 50 day simple moving average is $272.23 and its 200-day simple moving average is $270.59.

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.