iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Position Reduced by LongView Wealth Management

LongView Wealth Management reduced its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 26.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 654 shares of the exchange traded fund’s stock after selling 238 shares during the quarter. LongView Wealth Management’s holdings in iShares Russell 1000 Growth ETF were worth $262,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Independent Advisor Alliance raised its position in shares of iShares Russell 1000 Growth ETF by 8.4% during the 3rd quarter. Independent Advisor Alliance now owns 1,125 shares of the exchange traded fund’s stock valued at $422,000 after acquiring an additional 87 shares in the last quarter. AA Financial Advisors LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth about $278,000. Chicago Wealth Management Inc. lifted its position in shares of iShares Russell 1000 Growth ETF by 6.7% in the 2nd quarter. Chicago Wealth Management Inc. now owns 20,693 shares of the exchange traded fund’s stock worth $7,543,000 after buying an additional 1,307 shares during the last quarter. Barnett & Company Inc. boosted its holdings in shares of iShares Russell 1000 Growth ETF by 1.6% in the 3rd quarter. Barnett & Company Inc. now owns 1,822 shares of the exchange traded fund’s stock valued at $684,000 after buying an additional 29 shares during the period. Finally, Copperwynd Financial LLC grew its position in shares of iShares Russell 1000 Growth ETF by 9.5% during the 2nd quarter. Copperwynd Financial LLC now owns 29,057 shares of the exchange traded fund’s stock valued at $10,408,000 after buying an additional 2,519 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Up 1.2 %

Shares of NYSEARCA IWF opened at $406.98 on Friday. The firm’s 50-day moving average price is $403.79 and its two-hundred day moving average price is $380.63. iShares Russell 1000 Growth ETF has a 52-week low of $304.85 and a 52-week high of $419.53. The stock has a market capitalization of $107.67 billion, a P/E ratio of 35.64 and a beta of 1.20.

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.