Paulson Wealth Management Inc. decreased its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 5.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 133,967 shares of the exchange traded fund’s stock after selling 7,580 shares during the period. iShares Russell 1000 Growth ETF accounts for about 14.6% of Paulson Wealth Management Inc.’s investment portfolio, making the stock its largest holding. Paulson Wealth Management Inc. owned 0.05% of iShares Russell 1000 Growth ETF worth $63,406,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC increased its position in shares of iShares Russell 1000 Growth ETF by 2.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock valued at $2,589,000 after purchasing an additional 153 shares during the period. Bison Wealth LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 20.5% in the fourth quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock valued at $9,195,000 after buying an additional 3,888 shares during the period. Schnieders Capital Management LLC. boosted its stake in iShares Russell 1000 Growth ETF by 24.9% during the second quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock valued at $1,806,000 after buying an additional 849 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in iShares Russell 1000 Growth ETF by 55.5% during the second quarter. Russell Investments Group Ltd. now owns 3,378 shares of the exchange traded fund’s stock valued at $1,434,000 after buying an additional 1,205 shares in the last quarter. Finally, First Trust Advisors LP grew its holdings in iShares Russell 1000 Growth ETF by 70.3% during the second quarter. First Trust Advisors LP now owns 1,960 shares of the exchange traded fund’s stock worth $832,000 after acquiring an additional 809 shares during the period. 75.33% of the stock is currently owned by institutional investors and hedge funds.
iShares Russell 1000 Growth ETF Trading Up 1.3%
Shares of iShares Russell 1000 Growth ETF stock opened at $125.89 on Friday. The company’s 50-day moving average price is $113.96 and its two-hundred day moving average price is $116.11. iShares Russell 1000 Growth ETF has a 52 week low of $97.07 and a 52 week high of $126.05. The stock has a market cap of $131.48 billion, a PE ratio of 33.43 and a beta of 1.16.
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.
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