SFG Wealth Management LLC. Reduces Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

SFG Wealth Management LLC. reduced its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 13.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,545 shares of the exchange traded fund’s stock after selling 411 shares during the period. SFG Wealth Management LLC.’s holdings in iShares Russell 1000 Growth ETF were worth $955,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Capital Performance Advisors LLP purchased a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter worth about $51,000. Quantum Private Wealth LLC raised its position in iShares Russell 1000 Growth ETF by 8.1% during the 3rd quarter. Quantum Private Wealth LLC now owns 1,197 shares of the exchange traded fund’s stock valued at $449,000 after purchasing an additional 90 shares during the last quarter. Presidio Capital Management LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $510,000. Mainstream Capital Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $3,955,000. Finally, JB Capital LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 33.1% during the third quarter. JB Capital LLC now owns 1,455 shares of the exchange traded fund’s stock valued at $547,000 after buying an additional 362 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock traded up $0.29 on Friday, reaching $397.61. The company’s stock had a trading volume of 103,222 shares, compared to its average volume of 1,303,365. The firm has a market cap of $105.19 billion, a PE ratio of 35.64 and a beta of 1.20. The business has a fifty day simple moving average of $372.68 and a two-hundred day simple moving average of $359.89. iShares Russell 1000 Growth ETF has a 12-month low of $276.09 and a 12-month high of $398.28.

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.