First United Bank & Trust Lowers Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

First United Bank & Trust reduced its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.4% in the first quarter, Holdings Channel reports. The firm owned 7,727 shares of the exchange traded fund’s stock after selling 113 shares during the period. iShares Russell 1000 Growth ETF comprises approximately 1.0% of First United Bank & Trust’s holdings, making the stock its 27th biggest position. First United Bank & Trust’s holdings in iShares Russell 1000 Growth ETF were worth $2,790,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Revolve Wealth Partners LLC lifted its position in iShares Russell 1000 Growth ETF by 2.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock worth $2,589,000 after buying an additional 153 shares during the last quarter. Focus Financial Network Inc. raised its stake in shares of iShares Russell 1000 Growth ETF by 8.8% during the fourth quarter. Focus Financial Network Inc. now owns 5,815 shares of the exchange traded fund’s stock worth $2,335,000 after acquiring an additional 470 shares in the last quarter. Leavell Investment Management Inc. lifted its holdings in shares of iShares Russell 1000 Growth ETF by 3.4% in the 4th quarter. Leavell Investment Management Inc. now owns 11,399 shares of the exchange traded fund’s stock worth $4,578,000 after acquiring an additional 379 shares during the last quarter. David Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at $1,140,000. Finally, Sonata Capital Group Inc. grew its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% during the 4th quarter. Sonata Capital Group Inc. now owns 43,669 shares of the exchange traded fund’s stock valued at $17,537,000 after purchasing an additional 185 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Down 0.3%

Shares of NYSEARCA:IWF opened at $409.17 on Thursday. The stock has a market cap of $107.84 billion, a PE ratio of 32.66 and a beta of 1.15. The company’s fifty day moving average is $375.47 and its 200 day moving average is $389.60. iShares Russell 1000 Growth ETF has a 52 week low of $308.67 and a 52 week high of $419.53.

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.