Paragon Financial Partners Inc. Cuts Stock Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Paragon Financial Partners Inc. lowered its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 6.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,561 shares of the exchange traded fund’s stock after selling 1,501 shares during the period. iShares Russell 1000 Growth ETF makes up 7.1% of Paragon Financial Partners Inc.’s holdings, making the stock its 5th largest position. Paragon Financial Partners Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $9,462,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in IWF. Cardinal Point Capital Management ULC raised its position in shares of iShares Russell 1000 Growth ETF by 2.8% during the fourth quarter. Cardinal Point Capital Management ULC now owns 949 shares of the exchange traded fund’s stock worth $381,000 after purchasing an additional 26 shares during the period. Chemistry Wealth Management LLC raised its position in shares of iShares Russell 1000 Growth ETF by 2.7% during the fourth quarter. Chemistry Wealth Management LLC now owns 1,020 shares of the exchange traded fund’s stock worth $410,000 after purchasing an additional 27 shares during the period. Stonehearth Capital Management LLC raised its position in shares of iShares Russell 1000 Growth ETF by 1.4% during the fourth quarter. Stonehearth Capital Management LLC now owns 1,964 shares of the exchange traded fund’s stock worth $789,000 after purchasing an additional 28 shares during the period. Barnett & Company Inc. raised its position in shares of iShares Russell 1000 Growth ETF by 1.6% during the third quarter. Barnett & Company Inc. now owns 1,822 shares of the exchange traded fund’s stock worth $684,000 after purchasing an additional 29 shares during the period. Finally, Traynor Capital Management Inc. raised its position in shares of iShares Russell 1000 Growth ETF by 5.0% during the third quarter. Traynor Capital Management Inc. now owns 648 shares of the exchange traded fund’s stock worth $243,000 after purchasing an additional 31 shares during the period.

iShares Russell 1000 Growth ETF Stock Up 1.4 %

Shares of iShares Russell 1000 Growth ETF stock opened at $415.61 on Thursday. The stock’s fifty day moving average is $404.18 and its 200-day moving average is $381.20. The firm has a market capitalization of $109.95 billion, a PE ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 12-month low of $310.51 and a 12-month high of $419.53.

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.