Glassman Wealth Services Trims Stake in iShares Russell 1000 Growth ETF $IWF

Glassman Wealth Services cut its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,614 shares of the exchange traded fund’s stock after selling 126 shares during the quarter. iShares Russell 1000 Growth ETF makes up 0.3% of Glassman Wealth Services’ investment portfolio, making the stock its 17th biggest holding. Glassman Wealth Services’ holdings in iShares Russell 1000 Growth ETF were worth $1,959,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC raised its position in iShares Russell 1000 Growth ETF by 722,329.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 17,851,227 shares of the exchange traded fund’s stock valued at $7,579,274,000 after purchasing an additional 17,848,756 shares during the last quarter. Nuveen LLC acquired a new position in iShares Russell 1000 Growth ETF in the first quarter valued at $424,812,000. Wellington Management Group LLP increased its stake in iShares Russell 1000 Growth ETF by 311.4% in the first quarter. Wellington Management Group LLP now owns 1,285,798 shares of the exchange traded fund’s stock valued at $464,289,000 after purchasing an additional 973,250 shares during the period. Northern Trust Corp raised its holdings in shares of iShares Russell 1000 Growth ETF by 4.3% in the first quarter. Northern Trust Corp now owns 5,109,809 shares of the exchange traded fund’s stock valued at $1,845,101,000 after buying an additional 208,598 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in shares of iShares Russell 1000 Growth ETF by 67.5% during the first quarter. Jones Financial Companies Lllp now owns 515,921 shares of the exchange traded fund’s stock worth $186,294,000 after buying an additional 207,858 shares during the period. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 2.1%

NYSEARCA IWF opened at $469.92 on Friday. The firm has a market cap of $122.01 billion, a P/E ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $493.00. The business’s 50-day moving average price is $470.43 and its 200 day moving average price is $436.47.

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.