Pinnacle Associates Ltd. trimmed its stake in iShares Russell 1000 Growth Index (NYSE:IWF) by 5.0% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 16,600 shares of the exchange traded fund’s stock after selling 878 shares during the period. Pinnacle Associates Ltd.’s holdings in iShares Russell 1000 Growth Index were worth $1,976,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the company. Country Trust Bank acquired a new position in shares of iShares Russell 1000 Growth Index in the second quarter valued at approximately $128,000. Wellington Shields Capital Management LLC acquired a new position in shares of iShares Russell 1000 Growth Index in the second quarter valued at approximately $204,000. Weatherly Asset Management L. P. acquired a new position in shares of iShares Russell 1000 Growth Index in the second quarter valued at approximately $206,000. Riverpoint Wealth Management Holdings LLC acquired a new position in shares of iShares Russell 1000 Growth Index in the second quarter valued at approximately $209,000. Finally, Miracle Mile Advisors LLC acquired a new position in shares of iShares Russell 1000 Growth Index in the second quarter valued at approximately $215,000.

iShares Russell 1000 Growth Index (NYSE IWF) opened at 124.03 on Tuesday. The company has a 50 day moving average of $122.04 and a 200-day moving average of $117.73. iShares Russell 1000 Growth Index has a one year low of $99.57 and a one year high of $124.30.

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iShares Russell 1000 Growth Index 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.

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Institutional Ownership by Quarter for iShares Russell 1000 Growth Index (NYSE:IWF)

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