Sax Wealth Advisors LLC reduced its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 7.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 18,311 shares of the exchange traded fund’s stock after selling 1,510 shares during the quarter. Sax Wealth Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $8,667,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IWF. Revolve Wealth Partners LLC lifted its position in iShares Russell 1000 Growth ETF by 2.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock worth $2,589,000 after buying an additional 153 shares in the last quarter. Bison Wealth LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 20.5% during the 4th quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock valued at $9,195,000 after buying an additional 3,888 shares during the period. Schnieders Capital Management LLC. boosted its stake in shares of iShares Russell 1000 Growth ETF by 24.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock valued at $1,806,000 after buying an additional 849 shares during the period. Jefferies Financial Group Inc. grew its holdings in shares of iShares Russell 1000 Growth ETF by 14.3% during the 2nd quarter. Jefferies Financial Group Inc. now owns 8,682 shares of the exchange traded fund’s stock valued at $3,686,000 after acquiring an additional 1,083 shares in the last quarter. Finally, Quadcap Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 2nd quarter valued at $207,000. 75.33% of the stock is owned by hedge funds and other institutional investors.
iShares Russell 1000 Growth ETF Trading Up 0.6%
NYSEARCA IWF opened at $432.20 on Thursday. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $493.00. The firm’s fifty day simple moving average is $453.38 and its 200-day simple moving average is $465.47. The company has a market capitalization of $111.16 billion, a PE ratio of 33.43 and a beta of 1.13.
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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.
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