Mainstream Capital Management LLC Reduces Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Mainstream Capital Management LLC cut its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,298 shares of the exchange traded fund’s stock after selling 237 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 2.9% of Mainstream Capital Management LLC’s investment portfolio, making the stock its 5th largest holding. Mainstream Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $4,135,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of IWF. Truvestments Capital LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the third quarter valued at about $27,000. Signature Resources Capital Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at about $28,000. Peterson Wealth Services bought a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth about $35,000. Kohmann Bosshard Financial Services LLC bought a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth about $46,000. Finally, Capital Performance Advisors LLP bought a new position in iShares Russell 1000 Growth ETF during the third quarter worth about $51,000.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA:IWF opened at $384.86 on Tuesday. iShares Russell 1000 Growth ETF has a 52 week low of $315.24 and a 52 week high of $419.53. The firm has a market cap of $100.08 billion, a price-to-earnings ratio of 36.11 and a beta of 1.09. The firm’s 50-day simple moving average is $407.19 and its 200 day simple moving average is $391.34.

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.