Northwest Financial Advisors Cuts Stock Position in iShares Russell 1000 Growth ETF $IWF

Northwest Financial Advisors cut its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 67.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 607 shares of the exchange traded fund’s stock after selling 1,231 shares during the quarter. Northwest Financial Advisors’ holdings in iShares Russell 1000 Growth ETF were worth $284,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Flagship Private Wealth LLC grew its stake in iShares Russell 1000 Growth ETF by 0.8% during the 3rd quarter. Flagship Private Wealth LLC now owns 2,747 shares of the exchange traded fund’s stock worth $1,287,000 after buying an additional 21 shares during the last quarter. Ironwood Wealth Management LLC. raised its stake in shares of iShares Russell 1000 Growth ETF by 0.6% in the third quarter. Ironwood Wealth Management LLC. now owns 4,277 shares of the exchange traded fund’s stock worth $2,003,000 after purchasing an additional 24 shares during the last quarter. Telos Capital Management Inc. raised its stake in shares of iShares Russell 1000 Growth ETF by 1.3% in the second quarter. Telos Capital Management Inc. now owns 1,924 shares of the exchange traded fund’s stock worth $817,000 after purchasing an additional 25 shares during the last quarter. Golden State Equity Partners lifted its holdings in shares of iShares Russell 1000 Growth ETF by 0.9% during the third quarter. Golden State Equity Partners now owns 2,897 shares of the exchange traded fund’s stock worth $1,357,000 after purchasing an additional 25 shares during the period. Finally, Signature Estate & Investment Advisors LLC boosted its position in iShares Russell 1000 Growth ETF by 1.5% in the second quarter. Signature Estate & Investment Advisors LLC now owns 1,842 shares of the exchange traded fund’s stock valued at $782,000 after buying an additional 27 shares during the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Up 0.9%

Shares of NYSEARCA:IWF opened at $460.98 on Tuesday. iShares Russell 1000 Growth ETF has a twelve month low of $308.67 and a twelve month high of $493.00. The company has a market cap of $118.56 billion, a PE ratio of 33.43 and a beta of 1.13. The company’s 50 day moving average is $471.45 and its 200 day moving average is $465.00.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.