Belpointe Asset Management LLC Lowers Position in iShares Russell 1000 Growth ETF $IWF

Belpointe Asset Management LLC trimmed its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,317 shares of the exchange traded fund’s stock after selling 205 shares during the period. Belpointe Asset Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,531,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Golden State Wealth Management LLC boosted its position in iShares Russell 1000 Growth ETF by 311.2% during 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 in the last quarter. PGIM Custom Harvest LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 27.3% during the 1st quarter. PGIM Custom Harvest LLC now owns 5,428 shares of the exchange traded fund’s stock worth $1,960,000 after purchasing an additional 1,165 shares during the last quarter. Partnership Wealth Management LLC boosted its position in iShares Russell 1000 Growth ETF by 5.4% during the second 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 in the last quarter. Obermeyer Wealth Partners grew its stake in iShares Russell 1000 Growth ETF by 27.0% in the first 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 holdings in iShares Russell 1000 Growth ETF by 3.3% in the first quarter. Summit Financial LLC now owns 38,912 shares of the exchange traded fund’s stock worth $14,051,000 after purchasing an additional 1,256 shares in the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA:IWF opened at $469.94 on Monday. The company’s 50-day simple moving average is $452.30 and its 200-day simple moving average is $411.97. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $473.82. The stock has a market capitalization of $122.49 billion, a P/E ratio of 33.43 and a beta of 1.08.

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.