Burke & Herbert Bank & Trust Co. Trims Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Burke & Herbert Bank & Trust Co. reduced its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 7,617 shares of the exchange traded fund’s stock after selling 115 shares during the period. Burke & Herbert Bank & Trust Co.’s holdings in iShares Russell 1000 Growth ETF were worth $2,859,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. ORG Wealth Partners LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at about $31,000. Nvwm LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 44.9% in the first quarter. Nvwm LLC now owns 100 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 31 shares during the last quarter. Nemes Rush Group LLC increased its position in shares of iShares Russell 1000 Growth ETF by 188.2% during the second quarter. Nemes Rush Group LLC now owns 98 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 64 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares Russell 1000 Growth ETF in the 2nd quarter valued at $40,000. Finally, HHM Wealth Advisors LLC lifted its holdings in iShares Russell 1000 Growth ETF by 46.8% in the 2nd quarter. HHM Wealth Advisors LLC now owns 113 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 36 shares in the last quarter.

iShares Russell 1000 Growth ETF Trading Up 1.2 %

IWF traded up $4.60 on Friday, hitting $385.84. 127,317 shares of the company’s stock were exchanged, compared to its average volume of 1,310,426. The firm has a 50-day moving average price of $369.52 and a 200-day moving average price of $356.20. The stock has a market cap of $102.07 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a fifty-two week low of $256.01 and a fifty-two week high of $386.15.

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.