Linscomb Wealth Inc. Lowers Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Linscomb Wealth Inc. decreased its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 5.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,616 shares of the exchange traded fund’s stock after selling 1,241 shares during the quarter. Linscomb Wealth Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $7,444,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Toth Financial Advisory Corp lifted its position in shares of iShares Russell 1000 Growth ETF by 329.4% during the 1st quarter. Toth Financial Advisory Corp now owns 73 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 56 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 1st quarter worth approximately $31,000. EQ Wealth Advisors LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the 1st quarter valued at $32,000. Hughes Financial Services LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the 1st quarter valued at $33,000. Finally, American Capital Advisory LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 792.3% in the 1st quarter. American Capital Advisory LLC now owns 116 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 103 shares during the period. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $445.93 on Monday. The firm’s fifty day simple moving average is $423.62 and its 200-day simple moving average is $395.28. The stock has a market capitalization of $116.43 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $448.79.

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.