iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Shares Sold by Founders Financial Alliance LLC

Founders Financial Alliance LLC decreased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 11,625 shares of the exchange traded fund’s stock after selling 41 shares during the quarter. iShares Russell 1000 Growth ETF comprises 1.4% of Founders Financial Alliance LLC’s portfolio, making the stock its 13th largest position. Founders Financial Alliance LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,524,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Nomura Asset Management Co. Ltd. increased its position in shares of iShares Russell 1000 Growth ETF by 14.6% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 13,361 shares of the exchange traded fund’s stock worth $4,051,000 after acquiring an additional 1,700 shares in the last quarter. Sepio Capital LP boosted its stake in shares of iShares Russell 1000 Growth ETF by 30.8% in the fourth quarter. Sepio Capital LP now owns 27,836 shares of the exchange traded fund’s stock valued at $8,439,000 after purchasing an additional 6,548 shares during the period. Objectivity Squared LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at $5,126,000. FMA Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at $10,988,000. Finally, Congress Wealth Management LLC DE boosted its stake in shares of iShares Russell 1000 Growth ETF by 6.1% in the fourth quarter. Congress Wealth Management LLC DE now owns 157,026 shares of the exchange traded fund’s stock valued at $47,606,000 after purchasing an additional 9,004 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock traded up $2.78 on Friday, hitting $346.03. The stock had a trading volume of 1,213,555 shares, compared to its average volume of 1,333,948. The firm has a market capitalization of $91.54 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. The stock’s 50 day moving average is $333.44 and its 200-day moving average is $316.74. iShares Russell 1000 Growth ETF has a 52-week low of $252.61 and a 52-week high of $348.07.

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.