iShares Russell 1000 Growth ETF $IWF Holdings Decreased by Nova Wealth Management Inc.

Nova Wealth Management Inc. decreased its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 6.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 600 shares of the exchange traded fund’s stock after selling 38 shares during the quarter. Nova Wealth Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $217,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of IWF. Toth Financial Advisory Corp grew its holdings in shares of iShares Russell 1000 Growth ETF by 329.4% during the first quarter. Toth Financial Advisory Corp now owns 73 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 56 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the first quarter valued at $31,000. EQ Wealth Advisors LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the first quarter valued at $32,000. Hughes Financial Services LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the first quarter valued at $33,000. Finally, American Capital Advisory LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 792.3% during the first quarter. American Capital Advisory LLC now owns 116 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 103 shares in the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 0.5%

Shares of IWF stock opened at $458.64 on Friday. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $459.41. The company has a market capitalization of $119.87 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08. The stock’s fifty day simple moving average is $441.12 and its 200-day simple moving average is $401.59.

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.