iShares Russell 1000 Growth ETF $IWF Shares Sold by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC trimmed its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 8.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 80,521 shares of the exchange traded fund’s stock after selling 6,998 shares during the quarter. iShares Russell 1000 Growth ETF comprises about 2.1% of JFS Wealth Advisors LLC’s portfolio, making the stock its 13th biggest holding. JFS Wealth Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $38,111,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Breakwater Capital Group increased its stake in shares of iShares Russell 1000 Growth ETF by 3.0% during the third quarter. Breakwater Capital Group now owns 38,154 shares of the exchange traded fund’s stock valued at $17,872,000 after acquiring an additional 1,095 shares during the period. First Horizon Corp acquired a new stake in iShares Russell 1000 Growth ETF in the third quarter worth approximately $39,629,000. Dynasty Wealth Management LLC bought a new position in iShares Russell 1000 Growth ETF during the 3rd quarter valued at $16,626,000. Bright Futures Wealth Management LLC. bought a new position in iShares Russell 1000 Growth ETF during the 3rd quarter valued at $532,000. Finally, Permanent Capital Management LP acquired a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at $4,100,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Performance

IWF opened at $412.81 on Friday. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $493.00. The stock’s fifty day moving average is $451.26 and its 200-day moving average is $464.90. The company has a market capitalization of $106.17 billion, a PE ratio of 33.43 and a beta of 1.13.

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.