Smith & Howard Wealth Management LLC Cuts Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Smith & Howard Wealth Management LLC reduced its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,593 shares of the exchange traded fund’s stock after selling 487 shares during the quarter. iShares Russell 1000 Growth ETF comprises approximately 1.9% of Smith & Howard Wealth Management LLC’s investment portfolio, making the stock its 16th biggest holding. Smith & Howard Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $6,663,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Signature Resources Capital Management LLC purchased a new position in iShares Russell 1000 Growth ETF in the fourth quarter worth $28,000. Truvestments Capital LLC purchased a new position in iShares Russell 1000 Growth ETF in the third quarter worth $27,000. Peterson Wealth Services purchased a new position in iShares Russell 1000 Growth ETF in the fourth quarter worth $35,000. Kohmann Bosshard Financial Services LLC purchased a new position in iShares Russell 1000 Growth ETF in the fourth quarter worth $46,000. Finally, Cape Investment Advisory Inc. grew its holdings in iShares Russell 1000 Growth ETF by 65.4% in the fourth quarter. Cape Investment Advisory Inc. now owns 134 shares of the exchange traded fund’s stock worth $54,000 after purchasing an additional 53 shares during the last quarter.

iShares Russell 1000 Growth ETF Trading Down 4.0 %

NYSEARCA:IWF opened at $363.88 on Tuesday. iShares Russell 1000 Growth ETF has a 12 month low of $315.24 and a 12 month high of $419.53. The firm has a fifty day simple moving average of $403.70 and a 200-day simple moving average of $391.74. The company has a market capitalization of $94.63 billion, a P/E ratio of 36.11 and a beta of 1.09.

About iShares Russell 1000 Growth ETF

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.