iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Shares Sold by Allworth Financial LP

Allworth Financial LP reduced its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 129,222 shares of the exchange traded fund’s stock after selling 2,833 shares during the period. Allworth Financial LP’s holdings in iShares Russell 1000 Growth ETF were worth $53,706,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in IWF. Smith Salley Wealth Management raised its holdings in shares of iShares Russell 1000 Growth ETF by 14.3% during 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 stake in shares of iShares Russell 1000 Growth ETF by 4.6% during the fourth quarter. Affiance Financial LLC now owns 30,035 shares of the exchange traded fund’s stock valued at $12,061,000 after purchasing an additional 1,322 shares during the period. Clientfirst Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $11,350,000. Realta Investment Advisors acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth $1,095,000. Finally, Independent Advisor Alliance grew its holdings in iShares Russell 1000 Growth ETF by 8.4% during the 3rd quarter. Independent Advisor Alliance now owns 1,125 shares of the exchange traded fund’s stock valued at $422,000 after purchasing an additional 87 shares in the last quarter.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock opened at $416.37 on Friday. The company’s fifty day moving average price is $409.02 and its two-hundred day moving average price is $386.47. The firm has a market capitalization of $110.15 billion, a P/E ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 12 month low of $315.24 and a 12 month high of $419.53.

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.