Nvest Financial LLC Trims Position in iShares Russell 1000 Growth ETF $IWF

Nvest Financial LLC decreased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 40,215 shares of the exchange traded fund’s stock after selling 284 shares during the period. iShares Russell 1000 Growth ETF comprises about 8.9% of Nvest Financial LLC’s investment portfolio, making the stock its biggest holding. Nvest Financial LLC’s holdings in iShares Russell 1000 Growth ETF were worth $17,074,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Concord Wealth Partners lifted its position in shares of iShares Russell 1000 Growth ETF by 1,966.7% during the second quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 59 shares during the last quarter. HighMark Wealth Management LLC raised its stake in iShares Russell 1000 Growth ETF by 60.5% during the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 26 shares during the period. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in iShares Russell 1000 Growth ETF during the first quarter worth about $31,000. EQ Wealth Advisors LLC acquired a new stake in iShares Russell 1000 Growth ETF during the first quarter worth about $32,000. Finally, Hughes Financial Services LLC acquired a new stake in iShares Russell 1000 Growth ETF during the first quarter worth about $33,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Up 0.4%

IWF opened at $467.03 on Thursday. The firm has a market cap of $120.91 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $476.74. The company’s 50-day moving average price is $457.09 and its 200 day moving average price is $416.78.

iShares Russell 1000 Growth ETF 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.