Spire Wealth Management Decreases Stock Position in iShares Russell 1000 Growth ETF $IWF

Spire Wealth Management lessened its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 51,033 shares of the exchange traded fund’s stock after selling 582 shares during the quarter. iShares Russell 1000 Growth ETF makes up about 0.8% of Spire Wealth Management’s portfolio, making the stock its 24th largest holding. Spire Wealth Management’s holdings in iShares Russell 1000 Growth ETF were worth $21,668,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in IWF. Kingstone Capital Partners Texas LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 722,329.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 17,851,227 shares of the exchange traded fund’s stock valued at $7,579,274,000 after acquiring an additional 17,848,756 shares in the last quarter. Nuveen LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the first quarter valued at approximately $424,812,000. Wellington Management Group LLP lifted its position in shares of iShares Russell 1000 Growth ETF by 311.4% in the first quarter. Wellington Management Group LLP now owns 1,285,798 shares of the exchange traded fund’s stock valued at $464,289,000 after acquiring an additional 973,250 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd lifted its position in shares of iShares Russell 1000 Growth ETF by 36,009.0% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 494,693 shares of the exchange traded fund’s stock valued at $178,629,000 after acquiring an additional 493,323 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of iShares Russell 1000 Growth ETF by 4.3% in the first quarter. Northern Trust Corp now owns 5,109,809 shares of the exchange traded fund’s stock valued at $1,845,101,000 after acquiring an additional 208,598 shares in the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF opened at $491.71 on Thursday. The company has a market cap of $127.40 billion, a PE ratio of 33.43 and a beta of 1.13. The stock’s 50 day simple moving average is $463.03 and its 200-day simple moving average is $426.96. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $493.00.

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.