Strategic Financial Concepts LLC Has $604,000 Stake in iShares Russell 1000 Growth ETF $IWF

Strategic Financial Concepts LLC reduced its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 26.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,424 shares of the exchange traded fund’s stock after selling 521 shares during the period. Strategic Financial Concepts LLC’s holdings in iShares Russell 1000 Growth ETF were worth $604,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. American Institute for Advanced Investment Management LLP increased its holdings in shares of iShares Russell 1000 Growth ETF by 0.8% in the second quarter. American Institute for Advanced Investment Management LLP now owns 27,005 shares of the exchange traded fund’s stock valued at $11,466,000 after purchasing an additional 210 shares during the last quarter. Kesler Norman & Wride LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the second quarter valued at $880,000. Summit Investment Advisory Services LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 2,181.6% in the second quarter. Summit Investment Advisory Services LLC now owns 19,918 shares of the exchange traded fund’s stock valued at $8,457,000 after purchasing an additional 19,045 shares during the last quarter. Everest Management Corp. acquired a new position in shares of iShares Russell 1000 Growth ETF in the second quarter valued at $474,000. Finally, Bridgewealth Advisory Group LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the second quarter valued at $224,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA:IWF opened at $485.58 on Friday. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $493.00. The company has a market cap of $125.74 billion, a P/E ratio of 33.43 and a beta of 1.13. The firm’s fifty day moving average price is $464.75 and its two-hundred day moving average price is $428.82.

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.