Clearstead Advisors LLC Has $259.26 Million Stock Position in iShares Russell 1000 Growth ETF $IWF

Clearstead Advisors LLC lowered its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 547,774 shares of the exchange traded fund’s stock after selling 5,192 shares during the period. iShares Russell 1000 Growth ETF comprises approximately 3.3% of Clearstead Advisors LLC’s investment portfolio, making the stock its 4th largest position. Clearstead Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $259,262,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Godsey & Gibb Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at $27,000. Concord Wealth Partners lifted its holdings in shares of iShares Russell 1000 Growth ETF by 210.0% in the fourth quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 42 shares in the last quarter. Reyes Financial Architecture Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at $30,000. Networth Advisors LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at $32,000. Finally, Holos Integrated Wealth LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at $35,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $125.00 on Monday. The stock has a fifty day moving average of $115.33 and a 200-day moving average of $116.21. The firm has a market capitalization of $130.55 billion, a P/E ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 12-month low of $97.07 and a 12-month high of $126.04.

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