Summit Investment Advisory Services LLC Reduces Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Summit Investment Advisory Services LLC decreased its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 95.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 873 shares of the exchange traded fund’s stock after selling 17,378 shares during the period. Summit Investment Advisory Services LLC’s holdings in iShares Russell 1000 Growth ETF were worth $328,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. ORG Wealth Partners LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter valued at approximately $31,000. Nvwm LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 44.9% during 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 period. Nemes Rush Group LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 188.2% during the 2nd quarter. Nemes Rush Group LLC now owns 98 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 64 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the 2nd quarter valued at about $40,000. Finally, HHM Wealth Advisors LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 46.8% in the second quarter. HHM Wealth Advisors LLC now owns 113 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 36 shares during the period.

iShares Russell 1000 Growth ETF Trading Up 0.3 %

iShares Russell 1000 Growth ETF stock traded up $1.25 during midday trading on Thursday, hitting $381.50. 275,492 shares of the stock were exchanged, compared to its average volume of 1,319,751. The stock has a market capitalization of $100.93 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. The stock’s 50-day simple moving average is $366.20 and its 200 day simple moving average is $354.51. iShares Russell 1000 Growth ETF has a fifty-two week low of $256.01 and a fifty-two week high of $384.66.

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.