Jennison Associates LLC Sells 70,568 Shares of iShares Russell 1000 Growth Index (NYSEARCA:IWF)

Jennison Associates LLC trimmed its holdings in iShares Russell 1000 Growth Index (NYSEARCA:IWF) by 94.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,916 shares of the exchange traded fund’s stock after selling 70,568 shares during the period. Jennison Associates LLC’s holdings in iShares Russell 1000 Growth Index were worth $490,000 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. Country Trust Bank acquired a new stake in shares of iShares Russell 1000 Growth Index during the 2nd quarter valued at $128,000. Farmers National Bank boosted its holdings in shares of iShares Russell 1000 Growth Index by 15.0% during the 2nd quarter. Farmers National Bank now owns 1,498 shares of the exchange traded fund’s stock valued at $178,000 after acquiring an additional 195 shares in the last quarter. TCI Wealth Advisors Inc. boosted its holdings in shares of iShares Russell 1000 Growth Index by 16.7% during the 2nd quarter. TCI Wealth Advisors Inc. now owns 1,661 shares of the exchange traded fund’s stock valued at $198,000 after acquiring an additional 238 shares in the last quarter. Fiduciary Trust Co. acquired a new stake in shares of iShares Russell 1000 Growth Index during the 2nd quarter valued at $201,000. Finally, Wellington Shields Capital Management LLC acquired a new position in iShares Russell 1000 Growth Index during the 2nd quarter worth about $204,000.

iShares Russell 1000 Growth Index (NYSEARCA IWF) traded up $0.28 during mid-day trading on Wednesday, hitting $132.55. The stock had a trading volume of 1,540,965 shares, compared to its average volume of 1,514,761. iShares Russell 1000 Growth Index has a 1 year low of $103.76 and a 1 year high of $134.50.

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About iShares Russell 1000 Growth Index

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.

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

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