Brookmont Capital Management Reduces Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Brookmont Capital Management lessened its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,814 shares of the exchange traded fund’s stock after selling 102 shares during the quarter. Brookmont Capital Management’s holdings in iShares Russell 1000 Growth ETF were worth $1,622,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in IWF. Cranbrook Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth $30,000. Creekmur Asset Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth $33,000. Planned Solutions Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth $34,000. Frazier Financial Advisors LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth $36,000. Finally, Sound Income Strategies LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 772.2% in the fourth quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 139 shares during the period.

iShares Russell 1000 Growth ETF Trading Down 0.7 %

NYSEARCA IWF traded down $2.52 on Friday, hitting $364.71. 3,802,608 shares of the company traded hands, compared to its average volume of 1,346,152. The company has a market capitalization of $96.48 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. The business’s 50 day moving average price is $345.40 and its 200-day moving average price is $329.08. iShares Russell 1000 Growth ETF has a 52-week low of $256.01 and a 52-week high of $370.46.

iShares Russell 1000 Growth ETF Company 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.