Townsend Asset Management Corp NC ADV Decreases Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Townsend Asset Management Corp NC ADV reduced its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 4,405 shares of the exchange traded fund’s stock after selling 106 shares during the period. Townsend Asset Management Corp NC ADV’s holdings in iShares Russell 1000 Growth ETF were worth $1,769,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Signature Resources Capital Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth $28,000. Truvestments Capital LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth about $27,000. Peterson Wealth Services purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth about $35,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth about $46,000. Finally, Cape Investment Advisory Inc. boosted its position in shares of iShares Russell 1000 Growth ETF by 65.4% in the 4th quarter. Cape Investment Advisory Inc. now owns 134 shares of the exchange traded fund’s stock worth $54,000 after buying an additional 53 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Up 1.5 %

iShares Russell 1000 Growth ETF stock opened at $388.04 on Thursday. iShares Russell 1000 Growth ETF has a 52 week low of $315.24 and a 52 week high of $419.53. The firm’s 50-day simple moving average is $405.92 and its 200 day simple moving average is $391.45. The firm has a market capitalization of $100.91 billion, a PE ratio of 36.11 and a beta of 1.09.

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.