Element Wealth LLC Lowers Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Element Wealth LLC lowered its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 69.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 401 shares of the exchange traded fund’s stock after selling 905 shares during the period. Element Wealth LLC’s holdings in iShares Russell 1000 Growth ETF were worth $161,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Truvestments Capital LLC purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter worth about $27,000. Signature Resources Capital Management LLC purchased a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth about $28,000. Peterson Wealth Services purchased a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth about $35,000. Capital Performance Advisors LLP purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter worth about $51,000. Finally, Abound Wealth Management boosted its holdings in iShares Russell 1000 Growth ETF by 14,500.0% during the fourth quarter. Abound Wealth Management now owns 146 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 145 shares in the last quarter.

iShares Russell 1000 Growth ETF Trading Down 2.3 %

IWF stock opened at $404.88 on Friday. The company has a market cap of $107.11 billion, a P/E ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 52 week low of $315.24 and a 52 week high of $419.53. The company’s 50-day moving average price is $409.15 and its 200 day moving average price is $388.78.

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.