Brightwater Advisory LLC Sells 428 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Brightwater Advisory LLC decreased its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.8% during the 4th quarter, Holdings Channel reports. The firm owned 8,479 shares of the exchange traded fund’s stock after selling 428 shares during the quarter. iShares Russell 1000 Growth ETF comprises 2.7% of Brightwater Advisory LLC’s holdings, making the stock its 16th largest position. Brightwater Advisory LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,405,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Cardinal Point Capital Management ULC lifted its stake in iShares Russell 1000 Growth ETF by 2.8% in the fourth quarter. Cardinal Point Capital Management ULC now owns 949 shares of the exchange traded fund’s stock valued at $381,000 after buying an additional 26 shares during the period. Journey Strategic Wealth LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 0.4% in the 4th quarter. Journey Strategic Wealth LLC now owns 6,323 shares of the exchange traded fund’s stock valued at $2,539,000 after acquiring an additional 26 shares in the last quarter. Chemistry Wealth Management LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 2.7% in the 4th quarter. Chemistry Wealth Management LLC now owns 1,020 shares of the exchange traded fund’s stock valued at $410,000 after acquiring an additional 27 shares in the last quarter. Stonehearth Capital Management LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 1.4% during the 4th quarter. Stonehearth Capital Management LLC now owns 1,964 shares of the exchange traded fund’s stock valued at $789,000 after acquiring an additional 28 shares during the period. Finally, Chicago Capital LLC boosted its stake in iShares Russell 1000 Growth ETF by 1.0% during the fourth quarter. Chicago Capital LLC now owns 2,765 shares of the exchange traded fund’s stock worth $1,111,000 after acquiring an additional 28 shares in the last quarter.

iShares Russell 1000 Growth ETF Trading Down 1.0 %

NYSEARCA:IWF opened at $396.72 on Wednesday. The firm has a fifty day simple moving average of $408.37 and a two-hundred day simple moving average of $390.32. iShares Russell 1000 Growth ETF has a 12 month low of $315.24 and a 12 month high of $419.53. The stock has a market capitalization of $103.17 billion, a price-to-earnings ratio of 36.11 and a beta of 1.09.

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.