Summit Wealth & Retirement Planning Inc. Has $4.76 Million Stock Position in iShares Russell 1000 Growth ETF $IWF

Summit Wealth & Retirement Planning Inc. reduced its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,201 shares of the exchange traded fund’s stock after selling 178 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 1.3% of Summit Wealth & Retirement Planning Inc.’s holdings, making the stock its 18th biggest position. Summit Wealth & Retirement Planning Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $4,756,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of IWF. Concord Wealth Partners increased its holdings in shares of iShares Russell 1000 Growth ETF by 1,966.7% during the 2nd 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 period. HighMark Wealth Management LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 60.5% in the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after buying 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. Hughes Financial Services LLC acquired a new stake in iShares Russell 1000 Growth ETF during the first quarter worth about $33,000. Finally, First Community Trust NA increased its stake in iShares Russell 1000 Growth ETF by 525.0% during the second quarter. First Community Trust NA now owns 125 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 105 shares during the period. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Down 0.2%

iShares Russell 1000 Growth ETF stock opened at $471.43 on Friday. The business has a 50 day moving average price of $467.84 and a two-hundred day moving average price of $433.02. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $493.00. The stock has a market cap of $122.41 billion, a price-to-earnings 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.