iShares Russell 1000 Growth ETF $IWF Shares Sold by Congress Asset Management Co.

Congress Asset Management Co. reduced its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 77.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,109 shares of the exchange traded fund’s stock after selling 94,314 shares during the period. Congress Asset Management Co.’s holdings in iShares Russell 1000 Growth ETF were worth $11,935,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IWF. Revolve Wealth Partners LLC boosted its stake in iShares Russell 1000 Growth ETF by 2.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock valued at $2,589,000 after acquiring an additional 153 shares during the period. Bison Wealth LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 20.5% in the fourth quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock valued at $9,195,000 after purchasing an additional 3,888 shares during the period. MassMutual Private Wealth & Trust FSB increased its stake in shares of iShares Russell 1000 Growth ETF by 53.4% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 2,817 shares of the exchange traded fund’s stock valued at $1,017,000 after purchasing an additional 981 shares during the period. Park National Corp OH acquired a new stake in shares of iShares Russell 1000 Growth ETF in the first quarter valued at approximately $432,000. Finally, Bath Savings Trust Co acquired a new stake in shares of iShares Russell 1000 Growth ETF in the first quarter valued at approximately $206,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Up 0.4%

Shares of NYSEARCA:IWF opened at $464.84 on Friday. The firm’s 50 day moving average is $448.99 and its two-hundred day moving average is $407.80. iShares Russell 1000 Growth ETF has a 52 week low of $308.67 and a 52 week high of $473.01. The firm has a market capitalization of $121.49 billion, a P/E ratio of 33.43 and a beta of 1.08.

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.