iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Shares Sold by Broadview Financial Management LLC

Broadview Financial Management LLC cut its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,490 shares of the exchange traded fund’s stock after selling 66 shares during the period. iShares Russell 1000 Growth ETF makes up approximately 1.3% of Broadview Financial Management LLC’s holdings, making the stock its 21st largest holding. Broadview Financial Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,803,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Dahring Cusmano LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $360,000. Compass Planning Associates Inc acquired a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at $150,000. Cassaday & Co Wealth Management LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 0.8% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 12,739 shares of the exchange traded fund’s stock valued at $5,116,000 after purchasing an additional 107 shares during the last quarter. Compass Capital Corp MA ADV acquired a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at $237,000. Finally, Allianz Asset Management GmbH lifted its holdings in shares of iShares Russell 1000 Growth ETF by 35.5% during the 4th quarter. Allianz Asset Management GmbH now owns 90,200 shares of the exchange traded fund’s stock valued at $36,223,000 after acquiring an additional 23,650 shares in the last quarter.

iShares Russell 1000 Growth ETF Trading Down 2.3 %

NYSEARCA:IWF opened at $404.88 on Friday. The firm has a market capitalization of $107.11 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. The firm’s fifty day simple moving average is $409.15 and its 200 day simple moving average is $388.78. 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.