Cordatus Wealth Management LLC Cuts Stock Position in iShares Russell 1000 Growth ETF $IWF

Cordatus Wealth Management LLC lessened its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 84.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,059 shares of the exchange traded fund’s stock after selling 72,291 shares during the quarter. iShares Russell 1000 Growth ETF comprises about 1.4% of Cordatus Wealth Management LLC’s holdings, making the stock its 14th biggest holding. Cordatus Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $6,181,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in IWF. Breakwater Capital Group increased its position in shares of iShares Russell 1000 Growth ETF by 3.0% during the third quarter. Breakwater Capital Group now owns 38,154 shares of the exchange traded fund’s stock worth $17,872,000 after acquiring an additional 1,095 shares during the period. First Horizon Corp purchased a new position in iShares Russell 1000 Growth ETF in the third quarter valued at $39,629,000. Dynasty Wealth Management LLC purchased a new position in iShares Russell 1000 Growth ETF in the third quarter valued at $16,626,000. Bright Futures Wealth Management LLC. acquired a new position in iShares Russell 1000 Growth ETF during the 3rd quarter worth $532,000. Finally, Permanent Capital Management LP acquired a new position in iShares Russell 1000 Growth ETF during the 3rd quarter worth $4,100,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $460.57 on Wednesday. The business’s 50-day moving average is $443.90 and its two-hundred day moving average is $462.68. The firm has a market capitalization of $121.13 billion, a P/E ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 1 year low of $328.33 and a 1 year high of $493.00.

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.