Pinnacle Wealth Planning Services Inc. Sells 84 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Pinnacle Wealth Planning Services Inc. lessened its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,174 shares of the exchange traded fund’s stock after selling 84 shares during the period. iShares Russell 1000 Growth ETF comprises about 0.1% of Pinnacle Wealth Planning Services Inc.’s portfolio, making the stock its 27th largest holding. Pinnacle Wealth Planning Services Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $4,086,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional 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 3rd quarter valued at about $27,000. Signature Resources Capital Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth about $28,000. Peterson Wealth Services bought a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth about $35,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth about $46,000. Finally, Capital Performance Advisors LLP bought a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth about $51,000.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $388.04 on Thursday. The company has a market capitalization of $100.91 billion, a price-to-earnings ratio of 36.11 and a beta of 1.09. The company has a 50-day simple moving average of $405.92 and a 200 day simple moving average of $391.45. iShares Russell 1000 Growth ETF has a 52 week low of $315.24 and a 52 week high of $419.53.

About iShares Russell 1000 Growth ETF

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.