Prime Capital Investment Advisors LLC cut its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 9.6% in the second quarter, HoldingsChannel reports. The fund owned 37,027 shares of the exchange traded fund’s stock after selling 3,944 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $15,721,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in IWF. Golden State Wealth Management LLC boosted its position in iShares Russell 1000 Growth ETF by 311.2% during the first quarter. Golden State Wealth Management LLC now owns 2,743 shares of the exchange traded fund’s stock valued at $991,000 after purchasing an additional 2,076 shares during the last quarter. PGIM Custom Harvest LLC grew its stake 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 buying an additional 1,165 shares during the last quarter. Partnership Wealth Management LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 5.4% in the second quarter. Partnership Wealth Management LLC now owns 18,058 shares of the exchange traded fund’s stock worth $7,667,000 after purchasing an additional 922 shares during the period. Obermeyer Wealth Partners raised its stake in iShares Russell 1000 Growth ETF by 27.0% during 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 lifted its stake in shares of 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 valued at $14,051,000 after buying an additional 1,256 shares during the period. Institutional investors and hedge funds own 75.33% of the company’s stock.
iShares Russell 1000 Growth ETF Trading Down 0.4%
IWF opened at $469.94 on Monday. The stock has a market cap of $122.49 billion, a PE ratio of 33.43 and a beta of 1.08. The stock’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 1 year low of $308.67 and a 1 year high of $473.82.
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.
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