Modera Wealth Management LLC Sells 3,963 Shares of iShares Russell 1000 Growth ETF $IWF

Modera Wealth Management LLC lessened its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 270,362 shares of the exchange traded fund’s stock after selling 3,963 shares during the period. iShares Russell 1000 Growth ETF accounts for 1.5% of Modera Wealth Management LLC’s holdings, making the stock its 14th biggest position. Modera Wealth Management LLC owned about 0.10% of iShares Russell 1000 Growth ETF worth $127,962,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Flagship Private Wealth LLC raised its stake in iShares Russell 1000 Growth ETF by 0.8% in the 3rd quarter. Flagship Private Wealth LLC now owns 2,747 shares of the exchange traded fund’s stock valued at $1,287,000 after acquiring an additional 21 shares during the period. KCM Investment Advisors LLC raised its stake in iShares Russell 1000 Growth ETF by 0.5% in the 3rd quarter. KCM Investment Advisors LLC now owns 4,104 shares of the exchange traded fund’s stock valued at $1,922,000 after acquiring an additional 22 shares during the period. Jamison Private Wealth Management Inc. raised its stake in iShares Russell 1000 Growth ETF by 1.1% in the 4th quarter. Jamison Private Wealth Management Inc. now owns 2,078 shares of the exchange traded fund’s stock valued at $983,000 after acquiring an additional 23 shares during the period. Ironwood Wealth Management LLC. raised its stake in iShares Russell 1000 Growth ETF by 0.6% in the 3rd quarter. Ironwood Wealth Management LLC. now owns 4,277 shares of the exchange traded fund’s stock valued at $2,003,000 after acquiring an additional 24 shares during the period. Finally, HTG Investment Advisors Inc. raised its stake in iShares Russell 1000 Growth ETF by 0.6% in the 3rd quarter. HTG Investment Advisors Inc. now owns 4,110 shares of the exchange traded fund’s stock valued at $1,925,000 after acquiring an additional 24 shares during the period. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 0.4%

IWF opened at $431.74 on Tuesday. The stock’s fifty day simple moving average is $446.50 and its 200 day simple moving average is $463.54. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $493.00. The stock has a market cap of $113.29 billion, a PE ratio of 33.43 and a beta of 1.15.

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.