Kovitz Investment Group Partners LLC Decreases Stock Holdings in iShares Russell 1000 Growth ETF $IWF

Kovitz Investment Group Partners LLC reduced its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 623,541 shares of the exchange traded fund’s stock after selling 6,119 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 1.1% of Kovitz Investment Group Partners LLC’s portfolio, making the stock its 16th largest holding. Kovitz Investment Group Partners LLC owned 0.24% of iShares Russell 1000 Growth ETF worth $292,073,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Bell Investment Advisors Inc purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 2nd quarter worth approximately $32,000. Manning & Napier Advisors LLC acquired a new position in iShares Russell 1000 Growth ETF during the third quarter worth $47,000. Flagship Wealth Advisors LLC raised its holdings in iShares Russell 1000 Growth ETF by 131.9% during the third quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 62 shares during the last quarter. Steigerwald Gordon & Koch Inc. purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter worth $53,000. Finally, Compass Financial Services Inc acquired a new stake in iShares Russell 1000 Growth ETF in the second quarter valued at $62,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Up 0.7%

Shares of IWF stock opened at $453.86 on Friday. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $493.00. The stock has a market cap of $116.73 billion, a P/E ratio of 33.43 and a beta of 1.13. The business has a fifty day simple moving average of $466.86 and a 200-day simple moving average of $465.64.

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