Wilmington Savings Fund Society FSB Trims Stake in iShares Russell 1000 Growth ETF $IWF

Wilmington Savings Fund Society FSB trimmed its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 56,078 shares of the exchange traded fund’s stock after selling 2,812 shares during the period. Wilmington Savings Fund Society FSB’s holdings in iShares Russell 1000 Growth ETF were worth $23,810,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IWF. Endowment Wealth Management Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter worth about $210,000. Golden State Wealth Management LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 311.2% in the 1st quarter. Golden State Wealth Management LLC now owns 2,743 shares of the exchange traded fund’s stock worth $991,000 after purchasing an additional 2,076 shares in the last quarter. PGIM Custom Harvest LLC boosted its holdings in shares of 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 worth $1,960,000 after purchasing an additional 1,165 shares in the last quarter. Partnership Wealth Management LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 5.4% in the 2nd 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 in the last quarter. Finally, Obermeyer Wealth Partners boosted its holdings in shares of iShares Russell 1000 Growth ETF by 27.0% in the 1st quarter. Obermeyer Wealth Partners now owns 3,565 shares of the exchange traded fund’s stock worth $1,287,000 after purchasing an additional 759 shares in the last quarter. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Up 2.0%

IWF opened at $468.58 on Tuesday. The stock has a 50-day moving average price of $456.04 and a 200-day moving average price of $416.09. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $476.74. The stock has a market capitalization of $121.34 billion, a P/E ratio of 33.43 and a beta of 1.08.

About iShares Russell 1000 Growth ETF

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.