Optimum Investment Advisors Trims Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Optimum Investment Advisors lessened its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,021 shares of the exchange traded fund’s stock after selling 30 shares during the quarter. Optimum Investment Advisors’ holdings in iShares Russell 1000 Growth ETF were worth $410,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in IWF. Raymond James Financial Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth $1,367,267,000. Strategic Financial Concepts LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 44,227.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 656,939 shares of the exchange traded fund’s stock worth $263,814,000 after purchasing an additional 655,457 shares during the period. Wellington Management Group LLP lifted its stake in shares of iShares Russell 1000 Growth ETF by 5,975.8% during the 3rd quarter. Wellington Management Group LLP now owns 540,989 shares of the exchange traded fund’s stock worth $203,076,000 after purchasing an additional 532,085 shares during the period. Polen Capital Management LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 210.5% during the 4th quarter. Polen Capital Management LLC now owns 503,619 shares of the exchange traded fund’s stock worth $202,243,000 after purchasing an additional 341,413 shares during the period. Finally, Bryn Mawr Capital Management LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 1,072.5% during the 4th quarter. Bryn Mawr Capital Management LLC now owns 295,540 shares of the exchange traded fund’s stock worth $118,683,000 after purchasing an additional 270,335 shares during the period.

iShares Russell 1000 Growth ETF Stock Up 0.5 %

IWF stock opened at $369.90 on Friday. The company has a market cap of $97.01 billion, a price-to-earnings ratio of 31.83 and a beta of 1.11. The business has a fifty day simple moving average of $397.04 and a 200-day simple moving average of $391.73. iShares Russell 1000 Growth ETF has a 52 week low of $315.24 and a 52 week high of $419.53.

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.