Elk River Wealth Management LLC Reduces Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Elk River Wealth Management LLC reduced its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 13.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 960 shares of the exchange traded fund’s stock after selling 153 shares during the period. Elk River Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $386,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of IWF. Truvestments Capital LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth $27,000. Signature Resources Capital Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth $28,000. Peterson Wealth Services purchased a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth $35,000. Capital Performance Advisors LLP purchased a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth $51,000. Finally, Abound Wealth Management boosted its stake in shares of iShares Russell 1000 Growth ETF by 14,500.0% in the 4th quarter. Abound Wealth Management now owns 146 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 145 shares during the last quarter.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $416.48 on Thursday. iShares Russell 1000 Growth ETF has a 1 year low of $315.24 and a 1 year high of $419.53. The stock’s fifty day moving average price is $409.31 and its 200-day moving average price is $388.10. The company has a market cap of $110.18 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.