GHP Investment Advisors Inc. Reduces Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

GHP Investment Advisors Inc. reduced its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.4% during the 4th quarter, HoldingsChannel reports. The firm owned 53,710 shares of the exchange traded fund’s stock after selling 766 shares during the quarter. iShares Russell 1000 Growth ETF comprises 1.0% of GHP Investment Advisors Inc.’s investment portfolio, making the stock its 15th biggest position. GHP Investment Advisors Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $21,569,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in IWF. Smith Salley Wealth Management lifted its holdings in iShares Russell 1000 Growth ETF by 14.3% in the fourth quarter. Smith Salley Wealth Management now owns 3,256 shares of the exchange traded fund’s stock valued at $1,307,000 after acquiring an additional 407 shares during the last quarter. Affiance Financial LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 4.6% in the 4th quarter. Affiance Financial LLC now owns 30,035 shares of the exchange traded fund’s stock valued at $12,061,000 after acquiring an additional 1,322 shares during the period. Independent Advisor Alliance lifted its holdings in shares of iShares Russell 1000 Growth ETF by 8.4% in the 3rd quarter. Independent Advisor Alliance now owns 1,125 shares of the exchange traded fund’s stock worth $422,000 after acquiring an additional 87 shares during the last quarter. AA Financial Advisors LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $278,000. Finally, Barnett & Company Inc. increased its holdings in iShares Russell 1000 Growth ETF by 1.6% in the 3rd quarter. Barnett & Company Inc. now owns 1,822 shares of the exchange traded fund’s stock valued at $684,000 after purchasing an additional 29 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Up 0.0 %

Shares of NYSEARCA IWF opened at $410.50 on Thursday. iShares Russell 1000 Growth ETF has a 52-week low of $315.24 and a 52-week high of $419.53. The business’s 50 day moving average is $407.93 and its two-hundred day moving average is $383.99. The firm has a market cap of $108.60 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20.

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.