iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Shares Sold by Kovack Advisors Inc.

Kovack Advisors Inc. reduced its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 6.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,739 shares of the exchange traded fund’s stock after selling 116 shares during the period. Kovack Advisors Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $653,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. ORG Wealth Partners LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the third quarter valued at $31,000. Nemes Rush Group LLC grew its stake 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 valued at $36,000 after acquiring an additional 64 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF during the second quarter worth about $40,000. HHM Wealth Advisors LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 46.8% in the second quarter. HHM Wealth Advisors LLC now owns 113 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 36 shares in the last quarter. Finally, Mascoma Wealth Management LLC boosted its holdings in 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 valued at $47,000 after purchasing an additional 66 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Down 0.1 %

IWF stock opened at $398.48 on Thursday. The company has a market capitalization of $105.42 billion, a PE ratio of 35.64 and a beta of 1.20. The stock’s 50 day moving average is $375.59 and its two-hundred day moving average is $362.25. iShares Russell 1000 Growth ETF has a 52-week low of $285.66 and a 52-week high of $400.85.

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.