Brightwater Advisory LLC Sells 428 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Brightwater Advisory LLC trimmed its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 8,479 shares of the exchange traded fund’s stock after selling 428 shares during the period. iShares Russell 1000 Growth ETF accounts for approximately 2.7% of Brightwater Advisory LLC’s investment portfolio, making the stock its 16th biggest position. Brightwater Advisory LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,405,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Sincerus Advisory LLC acquired a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth about $965,000. Bryn Mawr Capital Management LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 5.4% during the fourth quarter. Bryn Mawr Capital Management LLC now owns 26,574 shares of the exchange traded fund’s stock worth $10,672,000 after purchasing an additional 1,369 shares during the last quarter. Siligmueller & Norvid Wealth Advisors LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $1,008,000. DMKC Advisory Services LLC bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at approximately $387,000. Finally, Advisor OS LLC boosted its position in iShares Russell 1000 Growth ETF by 6.0% during the 4th quarter. Advisor OS LLC now owns 52,140 shares of the exchange traded fund’s stock worth $20,939,000 after buying an additional 2,956 shares during the period.

iShares Russell 1000 Growth ETF Stock Down 1.0 %

Shares of NYSEARCA:IWF opened at $396.72 on Wednesday. The firm has a market cap of $103.17 billion, a P/E ratio of 36.11 and a beta of 1.09. iShares Russell 1000 Growth ETF has a 12-month low of $315.24 and a 12-month high of $419.53. The business has a fifty day simple moving average of $408.37 and a 200 day simple moving average of $390.32.

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.