FMA Wealth Management LLC Sells 2,415 Shares of iShares Russell 1000 Growth ETF $IWF

FMA Wealth Management LLC lowered its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 7.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,302 shares of the exchange traded fund’s stock after selling 2,415 shares during the quarter. iShares Russell 1000 Growth ETF makes up about 9.2% of FMA Wealth Management LLC’s holdings, making the stock its 3rd biggest position. FMA Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $12,441,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 311.2% in the 1st quarter. Golden State Wealth Management LLC now owns 2,743 shares of the exchange traded fund’s stock valued at $991,000 after acquiring an additional 2,076 shares during the period. PGIM Custom Harvest LLC raised its position in iShares Russell 1000 Growth ETF by 27.3% in the 1st quarter. PGIM Custom Harvest LLC now owns 5,428 shares of the exchange traded fund’s stock valued at $1,960,000 after purchasing an additional 1,165 shares during the last quarter. Partnership Wealth Management LLC raised its position in iShares Russell 1000 Growth ETF by 5.4% in the 2nd quarter. Partnership Wealth Management LLC now owns 18,058 shares of the exchange traded fund’s stock valued at $7,667,000 after purchasing an additional 922 shares during the last quarter. Obermeyer Wealth Partners raised its position in iShares Russell 1000 Growth ETF by 27.0% in the 1st quarter. Obermeyer Wealth Partners now owns 3,565 shares of the exchange traded fund’s stock valued at $1,287,000 after purchasing an additional 759 shares during the last quarter. Finally, Summit Financial LLC raised its position in iShares Russell 1000 Growth ETF by 3.3% in the 1st quarter. Summit Financial LLC now owns 38,912 shares of the exchange traded fund’s stock valued at $14,051,000 after purchasing an additional 1,256 shares during the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $465.22 on Thursday. The company has a fifty day moving average price of $447.81 and a 200 day moving average price of $406.42. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $473.01. The company has a market cap of $121.59 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08.

iShares Russell 1000 Growth ETF Company 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.