iShares Russell 1000 Growth ETF $IWF Stock Sold by Americana Partners LLC

Americana Partners LLC lowered its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 681,908 shares of the exchange traded fund’s stock after selling 15,537 shares during the quarter. iShares Russell 1000 Growth ETF makes up about 1.8% of Americana Partners LLC’s holdings, making the stock its 8th biggest position. Americana Partners LLC’s holdings in iShares Russell 1000 Growth ETF were worth $85,416,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. raised its stake in iShares Russell 1000 Growth ETF by 291.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock worth $2,603,007,000 after acquiring an additional 15,614,625 shares in the last quarter. Baird Financial Group Inc. lifted its position in iShares Russell 1000 Growth ETF by 312.9% in the second quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock valued at $1,438,978,000 after acquiring an additional 8,781,777 shares during the last quarter. Signaturefd LLC acquired a new position in iShares Russell 1000 Growth ETF in the third quarter valued at $924,594,000. Stairway Partners LLC acquired a new position in iShares Russell 1000 Growth ETF in the third quarter valued at $198,042,000. Finally, D.A. Davidson & CO. acquired a new position in iShares Russell 1000 Growth ETF in the third quarter valued at $188,258,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $117.61 on Friday. The stock’s 50-day moving average is $123.62 and its two-hundred day moving average is $119.44. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.80. The firm has a market cap of $120.14 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16.

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.