MV Capital Management Inc. lowered its stake in shares of iShares Russell 1000 Growth Index (NYSE:IWF) by 1.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 224,054 shares of the exchange traded fund’s stock after selling 3,991 shares during the period. iShares Russell 1000 Growth Index accounts for 7.9% of MV Capital Management Inc.’s holdings, making the stock its 3rd largest position. MV Capital Management Inc.’s holdings in iShares Russell 1000 Growth Index were worth $26,667,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Osborne Partners Capital Management LLC raised its position in iShares Russell 1000 Growth Index by 1.6% in the second quarter. Osborne Partners Capital Management LLC now owns 25,145 shares of the exchange traded fund’s stock valued at $2,993,000 after buying an additional 395 shares during the period. Gibson Capital LLC bought a new position in iShares Russell 1000 Growth Index during the second quarter valued at $227,000. Investment Partners Ltd. OH ADV raised its position in iShares Russell 1000 Growth Index by 9.3% in the second quarter. Investment Partners Ltd. OH ADV now owns 24,443 shares of the exchange traded fund’s stock valued at $2,909,000 after buying an additional 2,087 shares during the period. E&G Advisors LP raised its position in iShares Russell 1000 Growth Index by 1.4% in the second quarter. E&G Advisors LP now owns 103,921 shares of the exchange traded fund’s stock valued at $12,369,000 after buying an additional 1,482 shares during the period. Finally, Carroll Financial Associates Inc. raised its position in iShares Russell 1000 Growth Index by 23.1% in the second quarter. Carroll Financial Associates Inc. now owns 9,135 shares of the exchange traded fund’s stock valued at $1,087,000 after buying an additional 1,715 shares during the period.
iShares Russell 1000 Growth Index (IWF) traded down 0.18% during trading on Friday, reaching $120.51. The company’s stock had a trading volume of 762,603 shares. iShares Russell 1000 Growth Index has a 52 week low of $99.57 and a 52 week high of $123.32. The company’s 50 day moving average price is $121.22 and its 200 day moving average price is $116.74.
COPYRIGHT VIOLATION NOTICE: This news story was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this news story on another domain, it was stolen and republished in violation of US and international trademark & copyright law. The original version of this news story can be accessed at https://stocknewstimes.com/2017/08/18/mv-capital-management-inc-sells-3991-shares-of-ishares-russell-1000-growth-index-nyseiwf-updated.html.
About iShares Russell 1000 Growth Index
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.
Receive News & Ratings for iShares Russell 1000 Growth Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Growth Index and related companies with MarketBeat.com's FREE daily email newsletter.
