Connecticut Wealth Management LLC Cuts Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Connecticut Wealth Management LLC trimmed its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.0% during the first quarter, HoldingsChannel.com reports. The firm owned 29,374 shares of the exchange traded fund’s stock after selling 291 shares during the quarter. Connecticut Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $9,900,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IWF. Morgan Stanley raised its holdings in shares of iShares Russell 1000 Growth ETF by 18.7% during the 3rd quarter. Morgan Stanley now owns 23,848,988 shares of the exchange traded fund’s stock valued at $6,343,593,000 after buying an additional 3,765,550 shares during the period. International Assets Investment Management LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 29,857.6% during the 4th quarter. International Assets Investment Management LLC now owns 2,699,781 shares of the exchange traded fund’s stock valued at $818,493,000 after buying an additional 2,690,769 shares during the period. GLOBALT Investments LLC GA purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at about $350,964,000. Comerica Bank purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at about $161,097,000. Finally, Envestnet Asset Management Inc. raised its holdings in shares of iShares Russell 1000 Growth ETF by 6.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 5,413,232 shares of the exchange traded fund’s stock valued at $1,641,130,000 after buying an additional 341,407 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA:IWF traded up $3.82 during mid-day trading on Friday, hitting $378.00. 1,278,384 shares of the company traded hands, compared to its average volume of 1,339,332. The firm has a market cap of $100.00 billion, a P/E ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 52-week low of $256.01 and a 52-week high of $378.37. The firm’s 50 day simple moving average is $350.35 and its 200 day simple moving average is $331.61.

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.