Modera Wealth Management LLC Trims Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Modera Wealth Management LLC cut its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 278,159 shares of the exchange traded fund’s stock after selling 3,595 shares during the period. iShares Russell 1000 Growth ETF accounts for 1.3% of Modera Wealth Management LLC’s portfolio, making the stock its 16th largest holding. Modera Wealth Management LLC owned 0.11% of iShares Russell 1000 Growth ETF worth $104,415,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. AAF Wealth Management LLC boosted its holdings in iShares Russell 1000 Growth ETF by 0.9% in the second quarter. AAF Wealth Management LLC now owns 3,055 shares of the exchange traded fund’s stock worth $1,113,000 after acquiring an additional 28 shares in the last quarter. Nvwm LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 44.9% during the first quarter. Nvwm LLC now owns 100 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 31 shares in the last quarter. Atomi Financial Group Inc. grew its position in shares of iShares Russell 1000 Growth ETF by 1.0% during the second quarter. Atomi Financial Group Inc. now owns 3,084 shares of the exchange traded fund’s stock worth $1,124,000 after buying an additional 31 shares in the last quarter. Mayfair Advisory Group LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 5.2% in the 2nd quarter. Mayfair Advisory Group LLC now owns 643 shares of the exchange traded fund’s stock valued at $242,000 after buying an additional 32 shares in the last quarter. Finally, MTM Investment Management LLC increased its stake in iShares Russell 1000 Growth ETF by 0.3% in the second quarter. MTM Investment Management LLC now owns 12,198 shares of the exchange traded fund’s stock valued at $4,446,000 after purchasing an additional 32 shares during the period.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA:IWF traded up $1.53 during trading hours on Friday, reaching $382.77. 1,276,941 shares of the company were exchanged, compared to its average volume of 1,316,201. iShares Russell 1000 Growth ETF has a 52-week low of $256.01 and a 52-week high of $386.24. The stock has a 50 day simple moving average of $370.26 and a 200 day simple moving average of $356.70. The firm has a market cap of $101.26 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20.

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.