iShares Russell 1000 Growth ETF (NYSEARCA:IWF) is IMS Capital Management’s 2nd Largest Position

IMS Capital Management reduced its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.6% during the fourth quarter, Holdings Channel reports. The firm owned 30,070 shares of the exchange traded fund’s stock after selling 177 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 5.6% of IMS Capital Management’s portfolio, making the stock its 2nd biggest position. IMS Capital Management’s holdings in iShares Russell 1000 Growth ETF were worth $12,076,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Signature Resources Capital Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at about $28,000. Truvestments Capital LLC bought a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter valued at approximately $27,000. Peterson Wealth Services purchased a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $35,000. Capital Performance Advisors LLP purchased a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $51,000. Finally, Abound Wealth Management raised its position in shares of iShares Russell 1000 Growth ETF by 14,500.0% in the 4th quarter. Abound Wealth Management now owns 146 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 145 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Up 1.3 %

NYSEARCA IWF opened at $415.76 on Friday. The firm has a market capitalization of $109.99 billion, a PE ratio of 35.64 and a beta of 1.20. The stock’s 50 day moving average is $408.83 and its 200 day moving average is $385.83. iShares Russell 1000 Growth ETF has a twelve month low of $315.24 and a twelve 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.