Magnus Financial Group LLC Trims Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Magnus Financial Group LLC trimmed its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 6.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,521 shares of the exchange traded fund’s stock after selling 307 shares during the period. Magnus Financial Group LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,371,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. BluePath Capital Management LLC purchased a new stake in iShares Russell 1000 Growth ETF in the third quarter worth $27,000. Cranbrook Wealth Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth about $30,000. Planned Solutions Inc. bought a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth about $34,000. Sound Income Strategies LLC lifted its position in iShares Russell 1000 Growth ETF by 772.2% during the 4th quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 139 shares during the period. Finally, Mendota Financial Group LLC bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth about $57,000.

iShares Russell 1000 Growth ETF Stock Up 1.8 %

Shares of NYSEARCA IWF traded up $5.94 on Friday, reaching $327.99. 857,404 shares of the company’s stock traded hands, compared to its average volume of 1,409,033. The business’s 50 day simple moving average is $331.14 and its two-hundred day simple moving average is $307.95. iShares Russell 1000 Growth ETF has a 12 month low of $241.20 and a 12 month high of $340.83. The company has a market cap of $86.90 billion, a price-to-earnings ratio of 36.72 and a beta of 1.20.

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.