iShares Russell 1000 Growth ETF $IWF Stock: Paulson Wealth Management Inc. Trims Holdings

Paulson Wealth Management Inc. decreased its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 546,686 shares of the exchange traded fund’s stock after selling 12,714 shares during the quarter. iShares Russell 1000 Growth ETF accounts for about 14.2% of Paulson Wealth Management Inc.’s holdings, making the stock its biggest position. Paulson Wealth Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $68,478,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Inscription Capital LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 31.8% in the 3rd quarter. Inscription Capital LLC now owns 3,213 shares of the exchange traded fund’s stock worth $402,000 after acquiring an additional 775 shares during the period. Commonwealth Equity Services LLC purchased a new position in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $780,796,000. eCIO Inc. purchased a new position in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $334,000. Wealth Dimensions Group Ltd. raised its holdings in iShares Russell 1000 Growth ETF by 11.4% during the third quarter. Wealth Dimensions Group Ltd. now owns 31,856 shares of the exchange traded fund’s stock worth $3,990,000 after purchasing an additional 3,254 shares during the last quarter. Finally, 4Thought Financial Group Inc. raised its holdings in iShares Russell 1000 Growth ETF by 260.5% during the third quarter. 4Thought Financial Group Inc. now owns 16,173 shares of the exchange traded fund’s stock worth $2,026,000 after purchasing an additional 11,687 shares during the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

IWF opened at $110.36 on Friday. The business’s fifty day moving average is $123.11 and its two-hundred day moving average is $119.39. The company has a market cap of $112.89 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.80.

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.