1ST Source Bank Cuts Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

1ST Source Bank decreased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 607,493 shares of the exchange traded fund’s stock after selling 10,024 shares during the period. iShares Russell 1000 Growth ETF makes up 11.1% of 1ST Source Bank’s investment portfolio, making the stock its 2nd largest holding. 1ST Source Bank owned approximately 0.24% of iShares Russell 1000 Growth ETF worth $184,174,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. Ziegler Capital Management LLC boosted its stake in iShares Russell 1000 Growth ETF by 3.8% during the third quarter. Ziegler Capital Management LLC now owns 1,032 shares of the exchange traded fund’s stock worth $274,000 after acquiring an additional 38 shares in the last quarter. CX Institutional lifted its stake in shares of iShares Russell 1000 Growth ETF by 89.9% in the third quarter. CX Institutional now owns 58,695 shares of the exchange traded fund’s stock worth $15,612,000 after buying an additional 27,787 shares in the last quarter. Coastline Trust Co lifted its stake in shares of iShares Russell 1000 Growth ETF by 6.9% in the third quarter. Coastline Trust Co now owns 4,727 shares of the exchange traded fund’s stock worth $1,257,000 after buying an additional 304 shares in the last quarter. Demars Financial Group LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 7.0% in the third quarter. Demars Financial Group LLC now owns 6,131 shares of the exchange traded fund’s stock worth $1,631,000 after buying an additional 403 shares in the last quarter. Finally, Next Capital Management LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 2.1% in the third quarter. Next Capital Management LLC now owns 16,837 shares of the exchange traded fund’s stock worth $4,478,000 after buying an additional 352 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Up 1.8 %

Shares of NYSEARCA IWF traded up $5.94 during midday trading on Friday, hitting $327.99. The stock had a trading volume of 857,404 shares, compared to its average volume of 1,409,033. The business’s 50 day moving average is $331.14 and its 200-day moving average is $307.72. The company has a market cap of $86.90 billion, a P/E ratio of 36.72 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 52 week low of $241.20 and a 52 week high of $340.83.

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.