Modera Wealth Management LLC Sells 405 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Modera Wealth Management LLC trimmed its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,197 shares of the exchange traded fund’s stock after selling 405 shares during the quarter. iShares Russell 1000 Growth ETF accounts for 0.6% of Modera Wealth Management LLC’s portfolio, making the stock its 23rd largest holding. Modera Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,020,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of IWF. Mercer Global Advisors Inc. ADV bought a new stake in shares of iShares Russell 1000 Growth ETF in the first quarter valued at approximately $72,111,000. JPMorgan Chase & Co. boosted its position in shares of iShares Russell 1000 Growth ETF by 11.3% in the first quarter. JPMorgan Chase & Co. now owns 3,040,175 shares of the exchange traded fund’s stock valued at $460,161,000 after acquiring an additional 309,474 shares during the period. Signaturefd LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 82.8% in the second quarter. Signaturefd LLC now owns 525,800 shares of the exchange traded fund’s stock valued at $82,729,000 after acquiring an additional 238,148 shares during the period. Advisors Preferred LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the second quarter valued at approximately $36,129,000. Finally, Envestnet Asset Management Inc. boosted its position in shares of iShares Russell 1000 Growth ETF by 3.9% in the second quarter. Envestnet Asset Management Inc. now owns 4,776,563 shares of the exchange traded fund’s stock valued at $751,544,000 after acquiring an additional 179,688 shares during the period.

Shares of IWF traded down $4.23 during mid-day trading on Friday, hitting $155.91. The company’s stock had a trading volume of 1,139,745 shares, compared to its average volume of 1,672,870. The stock’s 50-day moving average is $160.42 and its two-hundred day moving average is $154.36. iShares Russell 1000 Growth ETF has a one year low of $121.71 and a one year high of $164.34.

iShares Russell 1000 Growth ETF Company 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.

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Institutional Ownership by Quarter for iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

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