iShares Russell 1000 Growth ETF $IWF Stake Trimmed by SVB Wealth LLC

SVB Wealth LLC reduced its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 24.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,653 shares of the exchange traded fund’s stock after selling 8,387 shares during the quarter. SVB Wealth LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,213,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Private Advisory Group LLC purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter worth $1,197,000. Russell Investments Group Ltd. grew its position in iShares Russell 1000 Growth ETF by 18.7% during the third quarter. Russell Investments Group Ltd. now owns 28,453 shares of the exchange traded fund’s stock valued at $3,564,000 after buying an additional 4,486 shares during the period. Coston McIsaac & Partners grew its position in iShares Russell 1000 Growth ETF by 33.5% during the third quarter. Coston McIsaac & Partners now owns 1,095 shares of the exchange traded fund’s stock valued at $137,000 after buying an additional 275 shares during the period. Collaborative Wealth Managment Inc. increased its holdings in iShares Russell 1000 Growth ETF by 5.1% in the third quarter. Collaborative Wealth Managment Inc. now owns 2,941 shares of the exchange traded fund’s stock valued at $368,000 after buying an additional 143 shares in the last quarter. Finally, Point Windward Advisors Inc. purchased a new position in iShares Russell 1000 Growth ETF in the third quarter valued at $669,000. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Performance

IWF opened at $116.19 on Friday. The company has a fifty day moving average of $122.34 and a two-hundred day moving average of $119.35. The stock has a market capitalization of $119.36 billion, a price-to-earnings ratio of 26.29 and a beta of 1.17. iShares Russell 1000 Growth ETF has a fifty-two week low of $102.23 and a fifty-two week high of $129.80.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.