Truepoint Inc. Trims Stock Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Truepoint Inc. decreased its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,503 shares of the exchange traded fund’s stock after selling 1,150 shares during the period. iShares Russell 1000 Growth ETF makes up about 0.3% of Truepoint Inc.’s portfolio, making the stock its 26th biggest holding. Truepoint Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $9,661,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nvwm LLC raised its stake in iShares Russell 1000 Growth ETF by 44.9% in the 1st quarter. Nvwm LLC now owns 100 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 31 shares during the last quarter. Creekmur Asset Management LLC purchased a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth $33,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF during the 2nd quarter valued at about $40,000. Frazier Financial Advisors LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at about $36,000. Finally, Mascoma Wealth Management LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 104.8% during the 2nd quarter. Mascoma Wealth Management LLC now owns 129 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 66 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA IWF opened at $354.15 on Friday. The stock has a 50-day simple moving average of $361.60 and a two-hundred day simple moving average of $346.70. The firm has a market capitalization of $93.69 billion, a P/E ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a fifty-two week low of $256.01 and a fifty-two week high of $382.82.

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.