iShares Russell 1000 Growth ETF $IWF is Simmons Bank’s 5th Largest Position

Simmons Bank reduced its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 80,080 shares of the exchange traded fund’s stock after selling 3,093 shares during the quarter. iShares Russell 1000 Growth ETF comprises about 2.4% of Simmons Bank’s portfolio, making the stock its 5th largest holding. Simmons Bank’s holdings in iShares Russell 1000 Growth ETF were worth $34,000,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Endowment Wealth Management Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter valued at $210,000. PGIM Custom Harvest LLC raised its position in iShares Russell 1000 Growth ETF by 27.3% during the 1st quarter. PGIM Custom Harvest LLC now owns 5,428 shares of the exchange traded fund’s stock worth $1,960,000 after buying an additional 1,165 shares during the last quarter. Partnership Wealth Management LLC raised its position in iShares Russell 1000 Growth ETF by 5.4% during the 2nd quarter. Partnership Wealth Management LLC now owns 18,058 shares of the exchange traded fund’s stock worth $7,667,000 after buying an additional 922 shares during the last quarter. Obermeyer Wealth Partners raised its position in iShares Russell 1000 Growth ETF by 27.0% during the 1st quarter. Obermeyer Wealth Partners now owns 3,565 shares of the exchange traded fund’s stock worth $1,287,000 after buying an additional 759 shares during the last quarter. Finally, CWM LLC raised its position in iShares Russell 1000 Growth ETF by 6.0% during the 2nd quarter. CWM LLC now owns 83,867 shares of the exchange traded fund’s stock worth $35,608,000 after buying an additional 4,735 shares during the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Down 1.8%

IWF opened at $479.40 on Wednesday. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $493.00. The firm has a market capitalization of $124.12 billion, a PE ratio of 33.43 and a beta of 1.13. The firm has a 50 day moving average of $466.26 and a two-hundred day moving average of $431.43.

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.