iShares Russell 1000 Growth ETF $IWF Shares Sold by Opes Wealth Management LLC

Opes Wealth Management LLC cut its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 12.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 16,786 shares of the exchange traded fund’s stock after selling 2,480 shares during the quarter. iShares Russell 1000 Growth ETF makes up 1.4% of Opes Wealth Management LLC’s portfolio, making the stock its 26th largest holding. Opes Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $7,863,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWF. Manning & Napier Advisors LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth about $47,000. Flagship Wealth Advisors LLC raised its holdings in iShares Russell 1000 Growth ETF by 131.9% in 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. Steigerwald Gordon & Koch Inc. purchased a new position in iShares Russell 1000 Growth ETF during the third quarter worth approximately $53,000. Capital A Wealth Management LLC grew its holdings in iShares Russell 1000 Growth ETF by 298.1% in the second quarter. Capital A Wealth Management LLC now owns 207 shares of the exchange traded fund’s stock valued at $88,000 after purchasing an additional 155 shares during the period. Finally, Main Street Group LTD grew its holdings in iShares Russell 1000 Growth ETF by 101.0% in the third quarter. Main Street Group LTD now owns 201 shares of the exchange traded fund’s stock valued at $94,000 after purchasing an additional 101 shares during the period. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock opened at $443.71 on Wednesday. The stock has a market capitalization of $114.12 billion, a PE ratio of 33.43 and a beta of 1.13. The business has a 50 day simple moving average of $458.46 and a 200-day simple moving average of $466.19. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $493.00.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.