Commonwealth Equity Services LLC Reduces Holdings in iShares Russell 1000 Growth ETF $IWF

Commonwealth Equity Services LLC lowered its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.2% during 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 2,104,704 shares of the exchange traded fund’s stock after selling 68,565 shares during the quarter. iShares Russell 1000 Growth ETF comprises 1.2% of Commonwealth Equity Services LLC’s holdings, making the stock its 9th largest holding. Commonwealth Equity Services LLC’s holdings in iShares Russell 1000 Growth ETF were worth $893,615,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Concord Wealth Partners boosted its position in 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 boosted its position in 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 stake in iShares Russell 1000 Growth ETF during the first quarter valued at about $31,000. Hughes Financial Services LLC acquired a new stake in iShares Russell 1000 Growth ETF in the first quarter worth about $33,000. Finally, First Community Trust NA boosted its holdings in iShares Russell 1000 Growth ETF by 525.0% in the second quarter. First Community Trust NA now owns 125 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 105 shares in the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $479.97 on Thursday. The company has a market cap of $124.62 billion, a PE ratio of 33.43 and a beta of 1.13. The business has a 50-day simple moving average of $466.90 and a two-hundred day simple moving average of $431.77. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $493.00.

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.