Sandy Spring Bank Trims Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Sandy Spring Bank trimmed its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,965 shares of the exchange traded fund’s stock after selling 121 shares during the period. Sandy Spring Bank’s holdings in iShares Russell 1000 Growth ETF were worth $2,797,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Arvest Investments Inc. lifted its holdings in iShares Russell 1000 Growth ETF by 3.8% in the 4th quarter. Arvest Investments Inc. now owns 1,065 shares of the exchange traded fund’s stock valued at $428,000 after purchasing an additional 39 shares in the last quarter. Next Capital Management LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 2.4% during the 4th quarter. Next Capital Management LLC now owns 17,645 shares of the exchange traded fund’s stock worth $7,086,000 after acquiring an additional 421 shares during the period. VSM Wealth Advisory LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth about $74,000. Saiph Capital LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 1.0% during the 4th quarter. Saiph Capital LLC now owns 88,502 shares of the exchange traded fund’s stock worth $35,541,000 after acquiring an additional 861 shares during the period. Finally, OVERSEA CHINESE BANKING Corp Ltd purchased a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth about $550,000.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock opened at $368.20 on Friday. The firm has a market cap of $96.56 billion, a P/E ratio of 31.83 and a beta of 1.11. iShares Russell 1000 Growth ETF has a 1-year low of $315.24 and a 1-year high of $419.53. The firm’s 50-day simple moving average is $397.61 and its 200-day simple moving average is $391.45.

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.