iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Shares Sold by MV Capital Management Inc.

MV Capital Management Inc. cut its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 197,363 shares of the exchange traded fund’s stock after selling 9,753 shares during the period. iShares Russell 1000 Growth ETF accounts for 8.5% of MV Capital Management Inc.’s holdings, making the stock its 2nd biggest position. MV Capital Management Inc. owned about 0.07% of iShares Russell 1000 Growth ETF worth $79,257,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $27,000. Runnymede Capital Advisors Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at approximately $27,000. Signature Resources Capital Management LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at $28,000. Peterson Wealth Services purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter worth $35,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth $46,000.

iShares Russell 1000 Growth ETF Stock Down 2.6 %

IWF opened at $360.54 on Friday. The firm’s fifty day simple moving average is $394.14 and its two-hundred day simple moving average is $392.18. iShares Russell 1000 Growth ETF has a 52-week low of $315.24 and a 52-week high of $419.53. The company has a market cap of $94.55 billion, a price-to-earnings ratio of 31.83 and a beta of 1.11.

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.