TPG Financial Advisors LLC Sells 5,689 Shares of iShares Russell 1000 Growth ETF $IWF

TPG Financial Advisors LLC decreased its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 31.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 12,295 shares of the exchange traded fund’s stock after selling 5,689 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 1.9% of TPG Financial Advisors LLC’s holdings, making the stock its 21st biggest holding. TPG Financial Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $5,819,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Godsey & Gibb Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth approximately $27,000. Concord Wealth Partners increased its holdings in iShares Russell 1000 Growth ETF by 210.0% during the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 42 shares in the last quarter. Reyes Financial Architecture Inc. bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at $30,000. Networth Advisors LLC bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at $32,000. Finally, Holos Integrated Wealth LLC acquired a new position in iShares Russell 1000 Growth ETF in the fourth quarter worth $35,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $123.07 on Wednesday. The stock’s fifty day moving average is $114.62 and its 200-day moving average is $116.14. The stock has a market capitalization of $128.53 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 52 week low of $97.07 and a 52 week high of $126.04.

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.