SMI Advisory Services LLC Sells 292 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

SMI Advisory Services LLC trimmed its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,896 shares of the exchange traded fund’s stock after selling 292 shares during the period. iShares Russell 1000 Growth ETF accounts for approximately 3.0% of SMI Advisory Services LLC’s investment portfolio, making the stock its 8th biggest position. SMI Advisory Services LLC’s holdings in iShares Russell 1000 Growth ETF were worth $13,049,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IWF. Hudson Capital Management LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 54.9% in the fourth quarter. Hudson Capital Management LLC now owns 2,515 shares of the exchange traded fund’s stock valued at $1,010,000 after purchasing an additional 891 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 797,704 shares of the exchange traded fund’s stock valued at $320,342,000 after purchasing an additional 2,841 shares during the last quarter. Sharp Financial Services LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 2.4% in the fourth quarter. Sharp Financial Services LLC now owns 3,164 shares of the exchange traded fund’s stock valued at $1,271,000 after acquiring an additional 75 shares in the last quarter. Kelleher Financial Advisors grew its stake in shares of iShares Russell 1000 Growth ETF by 11.3% in the fourth quarter. Kelleher Financial Advisors now owns 682 shares of the exchange traded fund’s stock valued at $274,000 after acquiring an additional 69 shares in the last quarter. Finally, Marino Stram & Associates LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 1.7% in the fourth quarter. Marino Stram & Associates LLC now owns 2,066 shares of the exchange traded fund’s stock valued at $830,000 after acquiring an additional 35 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock opened at $415.61 on Thursday. The company’s 50-day simple moving average is $404.18 and its 200 day simple moving average is $381.20. iShares Russell 1000 Growth ETF has a 52 week low of $310.51 and a 52 week high of $419.53. The company has a market capitalization of $109.95 billion, a PE ratio of 35.64 and a beta of 1.20.

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.