Prospera Financial Services Inc Sells 72,778 Shares of iShares Russell 1000 Growth ETF $IWF

Prospera Financial Services Inc cut its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 69.7% in the 4th quarter, Holdings Channel reports. The firm owned 31,589 shares of the exchange traded fund’s stock after selling 72,778 shares during the period. Prospera Financial Services Inc’s holdings in iShares Russell 1000 Growth ETF were worth $14,966,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Coldstream Capital Management Inc. grew its position in shares of iShares Russell 1000 Growth ETF by 2.4% in the 4th quarter. Coldstream Capital Management Inc. now owns 25,624 shares of the exchange traded fund’s stock worth $12,128,000 after buying an additional 611 shares during the period. New England Private Wealth Advisors LLC grew its position in shares of iShares Russell 1000 Growth ETF by 26.5% in the 4th quarter. New England Private Wealth Advisors LLC now owns 22,965 shares of the exchange traded fund’s stock worth $10,880,000 after buying an additional 4,818 shares during the period. Jefferies Financial Group Inc. grew its position in shares of iShares Russell 1000 Growth ETF by 2.3% in the 4th quarter. Jefferies Financial Group Inc. now owns 8,994 shares of the exchange traded fund’s stock worth $4,257,000 after buying an additional 200 shares during the period. Associated Banc Corp grew its position in shares of iShares Russell 1000 Growth ETF by 26.5% in the 4th quarter. Associated Banc Corp now owns 29,373 shares of the exchange traded fund’s stock worth $13,902,000 after buying an additional 6,150 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in shares of iShares Russell 1000 Growth ETF by 36.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 4,790 shares of the exchange traded fund’s stock worth $2,267,000 after buying an additional 1,268 shares during the period. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA:IWF opened at $125.00 on Friday. The firm’s 50-day moving average price is $115.33 and its 200-day moving average price is $116.25. The company has a market capitalization of $130.55 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 1-year low of $97.07 and a 1-year high of $126.04.

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.