Richardson Capital Management LLC Cuts Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Richardson Capital Management LLC reduced its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,516 shares of the exchange traded fund’s stock after selling 34 shares during the quarter. iShares Russell 1000 Growth ETF accounts for about 0.4% of Richardson Capital Management LLC’s holdings, making the stock its 12th largest holding. Richardson Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $569,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Accredited Investors Inc. boosted its holdings in shares of iShares Russell 1000 Growth ETF by 157.2% in the 3rd quarter. Accredited Investors Inc. now owns 250,638 shares of the exchange traded fund’s stock worth $94,084,000 after purchasing an additional 153,176 shares in the last quarter. Barnett & Company Inc. boosted its holdings in iShares Russell 1000 Growth ETF by 1.6% during the 3rd quarter. Barnett & Company Inc. now owns 1,822 shares of the exchange traded fund’s stock valued at $684,000 after acquiring an additional 29 shares during the period. Aptus Capital Advisors LLC grew its position in iShares Russell 1000 Growth ETF by 587.1% during the 3rd quarter. Aptus Capital Advisors LLC now owns 56,640 shares of the exchange traded fund’s stock worth $21,262,000 after acquiring an additional 48,397 shares during the last quarter. Prime Capital Investment Advisors LLC increased its stake in iShares Russell 1000 Growth ETF by 4.8% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 34,744 shares of the exchange traded fund’s stock worth $13,042,000 after purchasing an additional 1,587 shares during the period. Finally, Savvy Advisors Inc. increased its stake in iShares Russell 1000 Growth ETF by 38.2% in the 3rd quarter. Savvy Advisors Inc. now owns 5,609 shares of the exchange traded fund’s stock worth $2,105,000 after purchasing an additional 1,550 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA:IWF opened at $398.79 on Wednesday. iShares Russell 1000 Growth ETF has a fifty-two week low of $279.81 and a fifty-two week high of $399.98. The firm has a market cap of $105.50 billion, a PE ratio of 35.64 and a beta of 1.20. The business has a 50 day moving average price of $374.71 and a 200-day moving average price of $361.75.

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.