Pinnacle Associates Ltd. Sells 206 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Pinnacle Associates Ltd. reduced its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,855 shares of the exchange traded fund’s stock after selling 206 shares during the quarter. Pinnacle Associates Ltd.’s holdings in iShares Russell 1000 Growth ETF were worth $6,327,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in IWF. Cove Private Wealth LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 5.6% in the third quarter. Cove Private Wealth LLC now owns 935 shares of the exchange traded fund’s stock valued at $351,000 after buying an additional 50 shares during the last quarter. Mycio Wealth Partners LLC lifted its holdings in iShares Russell 1000 Growth ETF by 11.7% during the 3rd quarter. Mycio Wealth Partners LLC now owns 19,372 shares of the exchange traded fund’s stock valued at $7,272,000 after purchasing an additional 2,032 shares during the last quarter. Twin Peaks Wealth Advisors LLC boosted its position in iShares Russell 1000 Growth ETF by 8.1% during the third quarter. Twin Peaks Wealth Advisors LLC now owns 1,756 shares of the exchange traded fund’s stock worth $659,000 after purchasing an additional 131 shares during the period. Edge Financial Advisors LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the third quarter valued at $301,000. Finally, Highline Wealth Partners LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the third quarter valued at about $2,740,000.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $385.04 on Thursday. iShares Russell 1000 Growth ETF has a 52 week low of $259.37 and a 52 week high of $388.03. The company has a market capitalization of $101.86 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. The company has a 50-day simple moving average of $371.26 and a 200 day simple moving average of $357.92.

iShares Russell 1000 Growth ETF Company 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.