iShares Russell 1000 Growth ETF $IWF Stock Position Reduced by SVB Wealth LLC

SVB Wealth LLC decreased its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 35.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,324 shares of the exchange traded fund’s stock after selling 12,489 shares during the quarter. SVB Wealth LLC’s holdings in iShares Russell 1000 Growth ETF were worth $10,566,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Revolve Wealth Partners LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 2.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock worth $2,589,000 after purchasing an additional 153 shares during the period. Bison Wealth LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 20.5% during the fourth quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock worth $9,195,000 after purchasing an additional 3,888 shares during the period. Schnieders Capital Management LLC. raised its holdings in shares of iShares Russell 1000 Growth ETF by 24.9% during the second quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock worth $1,806,000 after purchasing an additional 849 shares during the period. Russell Investments Group Ltd. raised its holdings in shares of iShares Russell 1000 Growth ETF by 55.5% during the second quarter. Russell Investments Group Ltd. now owns 3,378 shares of the exchange traded fund’s stock worth $1,434,000 after purchasing an additional 1,205 shares during the period. Finally, First Trust Advisors LP raised its holdings in shares of iShares Russell 1000 Growth ETF by 70.3% during the second quarter. First Trust Advisors LP now owns 1,960 shares of the exchange traded fund’s stock worth $832,000 after purchasing an additional 809 shares during the period. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA:IWF opened at $123.54 on Monday. The stock has a market capitalization of $129.03 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 1-year low of $93.39 and a 1-year high of $123.78. The company’s fifty day moving average is $112.86 and its two-hundred day moving average is $115.90.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.