Legacy Trust Trims Stock Holdings in iShares Russell 1000 Growth ETF $IWF

Legacy Trust decreased its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 61.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,711 shares of the exchange traded fund’s stock after selling 7,531 shares during the period. Legacy Trust’s holdings in iShares Russell 1000 Growth ETF were worth $2,000,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HighMark Wealth Management LLC grew its position in iShares Russell 1000 Growth ETF by 60.5% during the 2nd quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 26 shares during the period. Toth Financial Advisory Corp grew its position in iShares Russell 1000 Growth ETF by 329.4% during the 1st quarter. Toth Financial Advisory Corp now owns 73 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 56 shares during the period. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in iShares Russell 1000 Growth ETF during the 1st quarter worth about $31,000. EQ Wealth Advisors LLC acquired a new stake in iShares Russell 1000 Growth ETF during the 1st quarter worth about $32,000. Finally, Hughes Financial Services LLC acquired a new stake in iShares Russell 1000 Growth ETF during the 1st quarter worth about $33,000. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $469.94 on Friday. The business’s 50-day moving average is $452.30 and its two-hundred day moving average is $411.66. The company has a market capitalization of $122.47 billion, a P/E ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $473.82.

iShares Russell 1000 Growth ETF 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.