Acorn Financial Advisory Services Inc. ADV Sells 52 Shares of iShares Russell 1000 Growth ETF $IWF

Acorn Financial Advisory Services Inc. ADV reduced its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 7.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 627 shares of the exchange traded fund’s stock after selling 52 shares during the period. Acorn Financial Advisory Services Inc. ADV’s holdings in iShares Russell 1000 Growth ETF were worth $266,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Concord Wealth Partners increased its stake in shares of iShares Russell 1000 Growth ETF by 1,966.7% during the second quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 59 shares in the last quarter. HighMark Wealth Management LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 60.5% during the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 26 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the first quarter valued at approximately $31,000. EQ Wealth Advisors LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the first quarter valued at approximately $32,000. Finally, Hughes Financial Services LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the first quarter valued at approximately $33,000. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $465.07 on Wednesday. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $476.74. The company has a 50 day simple moving average of $456.61 and a two-hundred day simple moving average of $416.43. The company has a market capitalization of $120.43 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08.

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.