Financial Management Network Inc. Sells 60 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Financial Management Network Inc. lowered its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.5% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 3,882 shares of the exchange traded fund’s stock after selling 60 shares during the period. Financial Management Network Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $1,455,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Ballentine Partners LLC grew its holdings in iShares Russell 1000 Growth ETF by 0.4% during the third quarter. Ballentine Partners LLC now owns 57,145 shares of the exchange traded fund’s stock worth $21,451,000 after purchasing an additional 204 shares during the period. Silver Oak Securities Incorporated lifted its position in iShares Russell 1000 Growth ETF by 247.2% during the third quarter. Silver Oak Securities Incorporated now owns 12,296 shares of the exchange traded fund’s stock worth $4,594,000 after acquiring an additional 8,755 shares during the last quarter. West Michigan Advisors LLC lifted its position in iShares Russell 1000 Growth ETF by 4.9% during the third quarter. West Michigan Advisors LLC now owns 4,778 shares of the exchange traded fund’s stock worth $1,794,000 after acquiring an additional 223 shares during the last quarter. Bogart Wealth LLC lifted its position in iShares Russell 1000 Growth ETF by 0.8% during the third quarter. Bogart Wealth LLC now owns 6,201 shares of the exchange traded fund’s stock worth $2,328,000 after acquiring an additional 50 shares during the last quarter. Finally, JMG Financial Group Ltd. lifted its position in iShares Russell 1000 Growth ETF by 16.0% during the third quarter. JMG Financial Group Ltd. now owns 37,103 shares of the exchange traded fund’s stock worth $13,928,000 after acquiring an additional 5,104 shares during the last quarter.

iShares Russell 1000 Growth ETF Trading Up 1.2 %

IWF stock traded up $4.60 during mid-day trading on Friday, hitting $385.84. 127,115 shares of the company were exchanged, compared to its average volume of 1,310,647. The business has a 50 day simple moving average of $369.52 and a 200-day simple moving average of $356.20. The stock has a market capitalization of $102.07 billion, a PE ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 1-year low of $256.01 and a 1-year high of $386.15.

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.