iShares Russell 1000 Growth ETF $IWF Holdings Cut by XML Financial LLC

XML Financial LLC reduced its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 11.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,032 shares of the exchange traded fund’s stock after selling 9,221 shares during the period. iShares Russell 1000 Growth ETF makes up 2.4% of XML Financial LLC’s portfolio, making the stock its 4th biggest holding. XML Financial LLC’s holdings in iShares Russell 1000 Growth ETF were worth $30,288,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IWF. Godsey & Gibb Inc. purchased a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth about $27,000. Concord Wealth Partners increased its stake in iShares Russell 1000 Growth ETF by 210.0% in the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 42 shares during the last quarter. Reyes Financial Architecture Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at about $30,000. Networth Advisors LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at about $32,000. Finally, Motiv8 Investments LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at about $35,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $123.19 on Monday. The business has a 50-day moving average of $121.93 and a 200-day moving average of $117.13. The firm has a market capitalization of $128.66 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 12 month low of $100.47 and a 12 month high of $129.14.

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.