Verus Capital Partners LLC Cuts Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Verus Capital Partners LLC reduced its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,729 shares of the exchange traded fund’s stock after selling 76 shares during the period. Verus Capital Partners LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,301,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Fort Sheridan Advisors LLC lifted its stake in iShares Russell 1000 Growth ETF by 6.3% during the 4th quarter. Fort Sheridan Advisors LLC now owns 1,229 shares of the exchange traded fund’s stock worth $494,000 after acquiring an additional 73 shares in the last quarter. QRG Capital Management Inc. increased its stake in iShares Russell 1000 Growth ETF by 32.6% during the fourth quarter. QRG Capital Management Inc. now owns 8,208 shares of the exchange traded fund’s stock worth $3,296,000 after purchasing an additional 2,018 shares during the period. Oppenheimer & Co. Inc. increased its stake in iShares Russell 1000 Growth ETF by 2.5% during the fourth quarter. Oppenheimer & Co. Inc. now owns 99,670 shares of the exchange traded fund’s stock worth $40,025,000 after purchasing an additional 2,387 shares during the period. Oppenheimer Asset Management Inc. lifted its position in shares of iShares Russell 1000 Growth ETF by 243.3% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 64,099 shares of the exchange traded fund’s stock worth $25,741,000 after purchasing an additional 45,426 shares in the last quarter. Finally, Flynn Zito Capital Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $1,258,000.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $387.60 on Friday. iShares Russell 1000 Growth ETF has a fifty-two week low of $315.24 and a fifty-two week high of $419.53. The company has a 50 day moving average price of $407.97 and a 200 day moving average price of $390.35. The stock has a market capitalization of $100.80 billion, a P/E ratio of 36.11 and a beta of 1.09.

iShares Russell 1000 Growth ETF 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.