Able Wealth Management LLC Sells 3,543 Shares of iShares Russell 1000 Growth ETF $IWF

Able Wealth Management LLC lessened its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 34.5% during the second quarter, Holdings Channel reports. The fund owned 6,722 shares of the exchange traded fund’s stock after selling 3,543 shares during the period. iShares Russell 1000 Growth ETF comprises 1.4% of Able Wealth Management LLC’s holdings, making the stock its 19th biggest holding. Able Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,854,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWF. Concord Wealth Partners lifted its position in 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 buying an additional 59 shares during the last quarter. HighMark Wealth Management LLC raised its stake in shares of 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 in the last quarter. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the first quarter worth approximately $31,000. Hughes Financial Services LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the first quarter worth approximately $33,000. Finally, First Community Trust NA grew its holdings in shares of iShares Russell 1000 Growth ETF by 525.0% during the 2nd quarter. First Community Trust NA now owns 125 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 105 shares during 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

IWF stock opened at $479.97 on Thursday. iShares Russell 1000 Growth ETF has a 52 week low of $308.67 and a 52 week high of $493.00. The firm’s fifty day moving average is $466.90 and its 200 day moving average is $431.77. The firm has a market cap of $124.62 billion, a P/E ratio of 33.43 and a beta of 1.13.

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.