Beam Wealth Advisors Inc. Has $5.92 Million Stock Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Beam Wealth Advisors Inc. reduced its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 14.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,235 shares of the exchange traded fund’s stock after selling 2,806 shares during the quarter. iShares Russell 1000 Growth ETF accounts for about 1.9% of Beam Wealth Advisors Inc.’s holdings, making the stock its 11th biggest position. Beam Wealth Advisors Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $5,918,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in IWF. GLOBALT Investments LLC GA bought a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $350,964,000. Cetera Investment Advisers grew its holdings in iShares Russell 1000 Growth ETF by 409.6% during the first quarter. Cetera Investment Advisers now owns 1,312,397 shares of the exchange traded fund’s stock worth $442,343,000 after buying an additional 1,054,881 shares in the last quarter. Strategic Financial Concepts LLC raised its position in iShares Russell 1000 Growth ETF by 28,897.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 457,288 shares of the exchange traded fund’s stock valued at $1,667,000 after buying an additional 455,711 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares Russell 1000 Growth ETF by 6.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 5,413,232 shares of the exchange traded fund’s stock valued at $1,641,130,000 after acquiring an additional 341,407 shares in the last quarter. Finally, Wellington Management Group LLP boosted its holdings in iShares Russell 1000 Growth ETF by 1,332.3% during the 4th quarter. Wellington Management Group LLP now owns 302,036 shares of the exchange traded fund’s stock worth $91,568,000 after acquiring an additional 280,948 shares during the last quarter.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF opened at $350.38 on Tuesday. The company has a fifty day moving average price of $360.87 and a 200-day moving average price of $347.32. The firm has a market cap of $92.69 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 1 year low of $256.01 and a 1 year high of $382.82.

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.