iShares Russell 1000 Growth ETF $IWF is Retirement Income Solutions Inc.’s 7th Largest Position

Retirement Income Solutions Inc. lessened its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.0% in the fourth quarter, HoldingsChannel reports. The firm owned 42,695 shares of the exchange traded fund’s stock after selling 1,327 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 3.4% of Retirement Income Solutions Inc.’s holdings, making the stock its 7th biggest holding. Retirement Income Solutions Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $20,208,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Godsey & Gibb Inc. purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $27,000. Reyes Financial Architecture Inc. purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $30,000. Networth Advisors LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $32,000. Holos Integrated Wealth LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $35,000. Finally, Manning & Napier Advisors LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $47,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $474.73 on Tuesday. The stock has a market capitalization of $123.83 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. The business has a 50-day moving average of $445.33 and a two-hundred day moving average of $462.76. iShares Russell 1000 Growth ETF has a 12 month low of $328.33 and a 12 month high of $493.00.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.