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

SVB Wealth LLC trimmed its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 16.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 34,813 shares of the exchange traded fund’s stock after selling 7,064 shares during the period. iShares Russell 1000 Growth ETF makes up approximately 0.9% of SVB Wealth LLC’s investment portfolio, making the stock its 23rd largest holding. SVB Wealth LLC’s holdings in iShares Russell 1000 Growth ETF were worth $16,307,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Concord Wealth Partners lifted its stake in shares of iShares Russell 1000 Growth ETF by 1,966.7% in the 2nd quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 59 shares during the period. Bell Investment Advisors Inc bought a new stake in iShares Russell 1000 Growth ETF during the second quarter worth approximately $32,000. Manning & Napier Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF during the third quarter worth approximately $47,000. Flagship Wealth Advisors LLC lifted its position in iShares Russell 1000 Growth ETF by 131.9% in the third quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 62 shares during the period. Finally, Steigerwald Gordon & Koch Inc. bought a new position in iShares Russell 1000 Growth ETF during the 3rd quarter valued at $53,000. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $460.98 on Tuesday. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $493.00. The business’s fifty day moving average is $471.45 and its 200-day moving average is $465.00. The stock has a market cap of $118.56 billion, a PE ratio of 33.43 and a beta of 1.13.

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.