Pinnacle Financial Partners Inc Sells 469 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Pinnacle Financial Partners Inc lessened its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 178,387 shares of the exchange traded fund’s stock after selling 469 shares during the period. iShares Russell 1000 Growth ETF comprises about 1.4% of Pinnacle Financial Partners Inc’s investment portfolio, making the stock its 13th biggest holding. Pinnacle Financial Partners Inc’s holdings in iShares Russell 1000 Growth ETF were worth $70,566,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWF. Strategic Financial Concepts LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 44,227.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 656,939 shares of the exchange traded fund’s stock worth $263,814,000 after buying an additional 655,457 shares in the last quarter. Wellington Management Group LLP lifted its position in iShares Russell 1000 Growth ETF by 5,975.8% during the third quarter. Wellington Management Group LLP now owns 540,989 shares of the exchange traded fund’s stock valued at $203,076,000 after purchasing an additional 532,085 shares during the period. Bryn Mawr Capital Management LLC lifted its position in iShares Russell 1000 Growth ETF by 1,072.5% during the fourth quarter. Bryn Mawr Capital Management LLC now owns 295,540 shares of the exchange traded fund’s stock valued at $118,683,000 after purchasing an additional 270,335 shares during the period. Choreo LLC lifted its position in iShares Russell 1000 Growth ETF by 34.9% during the fourth quarter. Choreo LLC now owns 676,064 shares of the exchange traded fund’s stock valued at $272,261,000 after purchasing an additional 174,889 shares during the period. Finally, FSA Wealth Management LLC bought a new position in iShares Russell 1000 Growth ETF during the third quarter valued at approximately $58,278,000.

iShares Russell 1000 Growth ETF Stock Down 2.3 %

Shares of iShares Russell 1000 Growth ETF stock opened at $404.88 on Friday. The company has a market cap of $107.11 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. The company’s 50 day moving average is $409.15 and its 200 day moving average is $388.78. iShares Russell 1000 Growth ETF has a twelve month low of $315.24 and a twelve month high of $419.53.

iShares Russell 1000 Growth ETF 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.