SMI Advisory Services LLC Sells 35,605 Shares of iShares Russell 1000 Growth ETF $IWF

SMI Advisory Services LLC trimmed its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 93.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,361 shares of the exchange traded fund’s stock after selling 35,605 shares during the quarter. iShares Russell 1000 Growth ETF accounts for 0.2% of SMI Advisory Services LLC’s portfolio, making the stock its 26th largest holding. SMI Advisory Services LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,127,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Revolve Wealth Partners LLC grew its position in iShares Russell 1000 Growth ETF by 2.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock valued at $2,589,000 after acquiring an additional 153 shares during the period. Bison Wealth LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 20.5% during the fourth quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock valued at $9,195,000 after acquiring an additional 3,888 shares during the period. Schnieders Capital Management LLC. lifted its holdings in shares of iShares Russell 1000 Growth ETF by 24.9% during the second quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock valued at $1,806,000 after acquiring an additional 849 shares during the period. Maia Wealth LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 2nd quarter valued at $202,000. Finally, Russell Investments Group Ltd. boosted its stake in shares of iShares Russell 1000 Growth ETF by 55.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,378 shares of the exchange traded fund’s stock valued at $1,434,000 after purchasing an additional 1,205 shares in the last quarter. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

IWF opened at $422.35 on Friday. The firm has a market cap of $108.63 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. The firm’s 50-day simple moving average is $452.42 and its 200-day simple moving average is $465.17. iShares Russell 1000 Growth ETF has a twelve month low of $308.67 and a twelve month high of $493.00.

iShares Russell 1000 Growth ETF 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.