Simmons Bank Trims Stake in iShares Russell 1000 Growth ETF $IWF

Simmons Bank lessened its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,577 shares of the exchange traded fund’s stock after selling 1,503 shares during the quarter. iShares Russell 1000 Growth ETF makes up about 2.5% of Simmons Bank’s investment portfolio, making the stock its 5th largest holding. Simmons Bank’s holdings in iShares Russell 1000 Growth ETF were worth $36,806,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Concord Wealth Partners grew its position in shares of iShares Russell 1000 Growth ETF by 1,966.7% during the 2nd quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 59 shares during the last quarter. Bell Investment Advisors Inc bought a new position in shares of iShares Russell 1000 Growth ETF during the second quarter valued at approximately $32,000. Manning & Napier Advisors LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $47,000. Flagship Wealth Advisors LLC raised its position in shares of iShares Russell 1000 Growth ETF by 131.9% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 62 shares during the period. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $53,000. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF opened at $467.48 on Tuesday. The company has a market cap of $120.70 billion, a P/E ratio of 33.43 and a beta of 1.13. The stock has a fifty day moving average price of $473.34 and a 200 day moving average price of $464.29. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month 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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.