DSM Capital Partners LLC lowered its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 81.7% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 12,897 shares of the exchange traded fund’s stock after selling 57,742 shares during the quarter. DSM Capital Partners LLC’s holdings in iShares Russell 1000 Growth ETF were worth $5,499,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the stock. Rockwood Wealth Management LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 8.7% in the first quarter. Rockwood Wealth Management LLC now owns 3,667 shares of the exchange traded fund’s stock valued at $1,564,000 after purchasing an additional 292 shares during the period. Warner Group LLC raised its stake in iShares Russell 1000 Growth ETF by 5.9% during the first quarter. Warner Group LLC now owns 7,431 shares of the exchange traded fund’s stock worth $3,169,000 after purchasing an additional 416 shares during the period. Addison Capital Co purchased a new position in iShares Russell 1000 Growth ETF during the first quarter worth about $2,564,000. Kiley Juergens Wealth Management LLC acquired a new position in iShares Russell 1000 Growth ETF in the 1st quarter valued at about $310,000. Finally, Nvest Financial LLC boosted its holdings in iShares Russell 1000 Growth ETF by 2.2% in the 1st quarter. Nvest Financial LLC now owns 41,006 shares of the exchange traded fund’s stock valued at $17,485,000 after purchasing an additional 872 shares during the last quarter. 75.33% of the stock is currently owned by hedge funds and other institutional investors.
iShares Russell 1000 Growth ETF Price Performance
iShares Russell 1000 Growth ETF stock opened at $121.80 on Thursday. The firm has a 50 day simple moving average of $123.07 and a 200-day simple moving average of $117.38. iShares Russell 1000 Growth ETF has a 1-year low of $102.23 and a 1-year high of $129.14. The stock has a market cap of $125.75 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16.
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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.
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Want to see what other hedge funds are holding IWF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report).
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