Confluence Wealth Services Inc. Sells 1,381 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Confluence Wealth Services Inc. lessened its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 253,197 shares of the exchange traded fund’s stock after selling 1,381 shares during the period. iShares Russell 1000 Growth ETF makes up 6.9% of Confluence Wealth Services Inc.’s investment portfolio, making the stock its 3rd largest holding. Confluence Wealth Services Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $105,649,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Smith Salley Wealth Management lifted its holdings in shares of iShares Russell 1000 Growth ETF by 14.3% in the 4th quarter. Smith Salley Wealth Management now owns 3,256 shares of the exchange traded fund’s stock valued at $1,307,000 after buying an additional 407 shares during the period. Affiance Financial LLC raised its position in iShares Russell 1000 Growth ETF by 4.6% in the fourth quarter. Affiance Financial LLC now owns 30,035 shares of the exchange traded fund’s stock worth $12,061,000 after acquiring an additional 1,322 shares in the last quarter. Independent Advisor Alliance lifted its holdings in iShares Russell 1000 Growth ETF by 8.4% in the third quarter. Independent Advisor Alliance now owns 1,125 shares of the exchange traded fund’s stock valued at $422,000 after acquiring an additional 87 shares during the period. AA Financial Advisors LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth $278,000. Finally, Barnett & Company Inc. grew its stake in shares of iShares Russell 1000 Growth ETF by 1.6% during the 3rd quarter. Barnett & Company Inc. now owns 1,822 shares of the exchange traded fund’s stock worth $684,000 after purchasing an additional 29 shares during the period.

iShares Russell 1000 Growth ETF Stock Up 1.3 %

Shares of IWF opened at $410.31 on Wednesday. iShares Russell 1000 Growth ETF has a 52-week low of $315.24 and a 52-week high of $419.53. The company has a 50-day simple moving average of $407.62 and a 200-day simple moving average of $383.81. The company has a market capitalization of $108.55 billion, a PE ratio of 35.64 and a beta of 1.20.

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.