McCarthy Asset Management Inc. Sells 149 Shares of iShares Russell 1000 Growth ETF $IWF

McCarthy Asset Management Inc. lowered its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,838 shares of the exchange traded fund’s stock after selling 149 shares during the quarter. iShares Russell 1000 Growth ETF comprises about 3.1% of McCarthy Asset Management Inc.’s investment portfolio, making the stock its 10th largest position. McCarthy Asset Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $4,601,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of IWF. Revolve Wealth Partners LLC boosted its stake in iShares Russell 1000 Growth ETF by 2.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock worth $2,589,000 after purchasing an additional 153 shares in the last quarter. Bison Wealth LLC boosted its stake in iShares Russell 1000 Growth ETF by 20.5% in the fourth quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock worth $9,195,000 after purchasing an additional 3,888 shares in the last quarter. GAMMA Investing LLC boosted its stake in iShares Russell 1000 Growth ETF by 2.9% in the first quarter. GAMMA Investing LLC now owns 9,737 shares of the exchange traded fund’s stock worth $3,516,000 after purchasing an additional 272 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its stake in iShares Russell 1000 Growth ETF by 1.6% in the first quarter. Creative Financial Designs Inc. ADV now owns 1,831 shares of the exchange traded fund’s stock worth $661,000 after purchasing an additional 29 shares in the last quarter. Finally, Trust Co. of Vermont boosted its stake in iShares Russell 1000 Growth ETF by 7.5% in the first quarter. Trust Co. of Vermont now owns 1,367 shares of the exchange traded fund’s stock worth $494,000 after purchasing an additional 95 shares in the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

iShares Russell 1000 Growth ETF stock opened at $477.19 on Friday. The firm has a market cap of $123.59 billion, a P/E ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 52 week low of $308.67 and a 52 week high of $478.40. The business’s fifty day moving average is $460.35 and its two-hundred day moving average is $423.60.

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.