Asset Dedication LLC Sells 89 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Asset Dedication LLC trimmed its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,048 shares of the exchange traded fund’s stock after selling 89 shares during the quarter. Asset Dedication LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,027,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in IWF. AQR Capital Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter worth approximately $200,000. Millennium Management LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 100.1% in the 2nd quarter. Millennium Management LLC now owns 31,681 shares of the exchange traded fund’s stock worth $11,548,000 after purchasing an additional 15,845 shares during the period. Magnolia Capital Advisors LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter worth approximately $669,000. Regal Investment Advisors LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 2.2% in the 2nd quarter. Regal Investment Advisors LLC now owns 7,591 shares of the exchange traded fund’s stock worth $2,767,000 after purchasing an additional 167 shares during the period. Finally, Kimelman & Baird LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter worth approximately $47,000.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $412.50 on Wednesday. iShares Russell 1000 Growth ETF has a 52-week low of $310.51 and a 52-week high of $419.53. The company’s 50 day moving average price is $406.18 and its 200-day moving average price is $382.42. The company has a market capitalization of $109.13 billion, a P/E ratio of 35.64 and a beta of 1.20.

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.