Stephens Group Asset Management LLC Sells 17,646 Shares of iShares Russell 1000 Growth ETF $IWF

Stephens Group Asset Management LLC cut its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 8.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 180,004 shares of the exchange traded fund’s stock after selling 17,646 shares during the period. iShares Russell 1000 Growth ETF makes up 5.7% of Stephens Group Asset Management LLC’s investment portfolio, making the stock its 8th biggest holding. Stephens Group Asset Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $84,316,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Endowment Wealth Management Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF in the second quarter valued at approximately $210,000. PGIM Custom Harvest LLC raised its position in iShares Russell 1000 Growth ETF by 27.3% in the first quarter. PGIM Custom Harvest LLC now owns 5,428 shares of the exchange traded fund’s stock worth $1,960,000 after acquiring an additional 1,165 shares in the last quarter. Partnership Wealth Management LLC lifted its holdings in iShares Russell 1000 Growth ETF by 5.4% in the second quarter. Partnership Wealth Management LLC now owns 18,058 shares of the exchange traded fund’s stock valued at $7,667,000 after acquiring an additional 922 shares during the period. Advyzon Investment Management LLC acquired a new stake in iShares Russell 1000 Growth ETF in the second quarter valued at $615,000. Finally, CWM LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 6.0% during the 2nd quarter. CWM LLC now owns 83,867 shares of the exchange traded fund’s stock worth $35,608,000 after purchasing an additional 4,735 shares in the last quarter. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Up 0.1%

NYSEARCA:IWF opened at $469.79 on Wednesday. The firm’s fifty day simple moving average is $473.90 and its 200-day simple moving average is $450.93. The stock has a market cap of $121.98 billion, a PE ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $493.00.

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.