Linscomb Wealth Inc. Sells 427 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Linscomb Wealth Inc. cut its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,857 shares of the exchange traded fund’s stock after selling 427 shares during the quarter. Linscomb Wealth Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $8,777,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Truvestments Capital LLC bought a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $27,000. Signature Resources Capital Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at $28,000. Peterson Wealth Services acquired a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth $35,000. Capital Performance Advisors LLP bought a new position in iShares Russell 1000 Growth ETF during the third quarter worth about $51,000. Finally, Abound Wealth Management lifted its holdings in iShares Russell 1000 Growth ETF by 14,500.0% during the fourth quarter. Abound Wealth Management now owns 146 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 145 shares in the last quarter.

iShares Russell 1000 Growth ETF Price Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $387.60 on Friday. The company has a market capitalization of $100.80 billion, a P/E ratio of 36.11 and a beta of 1.09. The business has a 50-day moving average of $407.97 and a two-hundred day moving average of $390.35. iShares Russell 1000 Growth ETF has a 1 year low of $315.24 and a 1 year 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.