First Business Financial Services Inc. Reduces Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

First Business Financial Services Inc. cut its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 203,112 shares of the exchange traded fund’s stock after selling 7,515 shares during the period. iShares Russell 1000 Growth ETF comprises about 7.6% of First Business Financial Services Inc.’s holdings, making the stock its 3rd largest position. First Business Financial Services Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $76,244,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. ORG Wealth Partners LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the third quarter valued at $31,000. Nemes Rush Group LLC lifted its stake in iShares Russell 1000 Growth ETF by 188.2% during the 2nd quarter. Nemes Rush Group LLC now owns 98 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 64 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 2nd quarter valued at about $40,000. HHM Wealth Advisors LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 46.8% during the 2nd quarter. HHM Wealth Advisors LLC now owns 113 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 36 shares during the last quarter. Finally, Mascoma Wealth Management LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 104.8% in the second quarter. Mascoma Wealth Management LLC now owns 129 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 66 shares during the period.

iShares Russell 1000 Growth ETF Stock Down 0.6 %

Shares of iShares Russell 1000 Growth ETF stock opened at $395.80 on Friday. iShares Russell 1000 Growth ETF has a twelve month low of $286.13 and a twelve month high of $400.85. The company’s 50 day moving average is $376.49 and its 200 day moving average is $362.50. The company has a market cap of $104.71 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.