Zhang Financial LLC Sells 84 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Zhang Financial LLC lowered its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.8% in the 4th quarter, HoldingsChannel reports. The firm owned 2,901 shares of the exchange traded fund’s stock after selling 84 shares during the quarter. Zhang Financial LLC’s holdings in iShares Russell 1000 Growth ETF were worth $879,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IWF. Moneta Group Investment Advisors LLC lifted its stake in iShares Russell 1000 Growth ETF by 145,777.6% during 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. Pathstone Family Office LLC lifted its stake in iShares Russell 1000 Growth ETF by 7,295.0% during the third quarter. Pathstone Family Office LLC now owns 5,713,590 shares of the exchange traded fund’s stock worth $1,519,758,000 after purchasing an additional 5,636,327 shares during the last quarter. Morgan Stanley lifted its stake in iShares Russell 1000 Growth ETF by 18.7% during the third quarter. Morgan Stanley now owns 23,848,988 shares of the exchange traded fund’s stock worth $6,343,593,000 after purchasing an additional 3,765,550 shares during the last quarter. International Assets Investment Management LLC lifted its stake in iShares Russell 1000 Growth ETF by 29,857.6% during the fourth quarter. International Assets Investment Management LLC now owns 2,699,781 shares of the exchange traded fund’s stock worth $818,493,000 after purchasing an additional 2,690,769 shares during the last quarter. Finally, TIAA Trust National Association bought a new stake in iShares Russell 1000 Growth ETF during the third quarter worth about $613,391,000.

iShares Russell 1000 Growth ETF Stock Down 2.0 %

Shares of IWF stock opened at $316.15 on Friday. The firm has a market cap of $83.76 billion, a P/E ratio of 36.72 and a beta of 1.20. The business has a 50-day moving average price of $331.41 and a two-hundred day moving average price of $305.80. iShares Russell 1000 Growth ETF has a 12-month low of $239.23 and a 12-month high of $340.83.

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.