Lido Advisors LLC Cuts Stock Holdings in iShares Russell 1000 Growth ETF $IWF

Lido Advisors LLC reduced its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 13.0% during the 1st quarter, Holdings Channel reports. The fund owned 326,296 shares of the exchange traded fund’s stock after selling 48,784 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 0.4% of Lido Advisors LLC’s investment portfolio, making the stock its 28th biggest position. Lido Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $139,143,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Revolve Wealth Partners LLC increased its holdings in iShares Russell 1000 Growth ETF by 2.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock worth $2,589,000 after purchasing an additional 153 shares during the period. Bison Wealth LLC raised its position in iShares Russell 1000 Growth ETF by 20.5% in the 4th quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock valued at $9,195,000 after purchasing an additional 3,888 shares in the last quarter. Schnieders Capital Management LLC. boosted its stake in shares of iShares Russell 1000 Growth ETF by 24.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock valued at $1,806,000 after buying an additional 849 shares during the period. 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 buying an additional 1,205 shares during the period. Finally, First Trust Advisors LP grew its position in shares of iShares Russell 1000 Growth ETF by 70.3% during the second quarter. First Trust Advisors LP now owns 1,960 shares of the exchange traded fund’s stock worth $832,000 after buying an additional 809 shares in the last quarter. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $120.92 on Thursday. The business has a 50-day simple moving average of $123.08 and a 200-day simple moving average of $117.55. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14. The company has a market cap of $124.96 billion, a PE ratio of 33.43 and a beta of 1.16.

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.