Cahaba Wealth Management Inc. Reduces Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Cahaba Wealth Management Inc. cut its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 15.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,746 shares of the exchange traded fund’s stock after selling 1,393 shares during the quarter. iShares Russell 1000 Growth ETF makes up 0.2% of Cahaba Wealth Management Inc.’s investment portfolio, making the stock its 28th biggest holding. Cahaba Wealth Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $2,908,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in IWF. AAF Wealth Management LLC increased its position in shares of iShares Russell 1000 Growth ETF by 0.9% during the second quarter. AAF Wealth Management LLC now owns 3,055 shares of the exchange traded fund’s stock worth $1,113,000 after acquiring an additional 28 shares during the last quarter. Nvwm LLC grew its position in shares of iShares Russell 1000 Growth ETF by 44.9% during the first quarter. Nvwm LLC now owns 100 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 31 shares in the last quarter. Atomi Financial Group Inc. increased its stake in shares of iShares Russell 1000 Growth ETF by 1.0% in the second quarter. Atomi Financial Group Inc. now owns 3,084 shares of the exchange traded fund’s stock worth $1,124,000 after buying an additional 31 shares during the last quarter. Mayfair Advisory Group LLC raised its holdings in iShares Russell 1000 Growth ETF by 5.2% in the second quarter. Mayfair Advisory Group LLC now owns 643 shares of the exchange traded fund’s stock valued at $242,000 after acquiring an additional 32 shares in the last quarter. Finally, MTM Investment Management LLC boosted its stake in iShares Russell 1000 Growth ETF by 0.3% during the 2nd quarter. MTM Investment Management LLC now owns 12,198 shares of the exchange traded fund’s stock valued at $4,446,000 after acquiring an additional 32 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock traded up $2.07 during trading on Friday, reaching $382.82. The company had a trading volume of 791,567 shares, compared to its average volume of 1,323,578. iShares Russell 1000 Growth ETF has a fifty-two week low of $256.01 and a fifty-two week high of $384.66. The firm’s fifty day moving average is $367.71 and its 200-day moving average is $355.01. The company has a market cap of $101.28 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20.

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.