Litman Gregory Wealth Management LLC Sells 4,316 Shares of iShares Russell 1000 Growth ETF $IWF

Litman Gregory Wealth Management LLC cut its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 81.3% during the third quarter, HoldingsChannel reports. The firm owned 991 shares of the exchange traded fund’s stock after selling 4,316 shares during the period. Litman Gregory Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $464,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Endowment Wealth Management Inc. acquired a new stake in iShares Russell 1000 Growth ETF in the 2nd quarter worth $210,000. Partnership Wealth Management LLC raised its position in shares of iShares Russell 1000 Growth ETF by 5.4% during the second quarter. Partnership Wealth Management LLC now owns 18,058 shares of the exchange traded fund’s stock valued at $7,667,000 after buying an additional 922 shares during the last quarter. Advyzon Investment Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the second quarter valued at about $615,000. CWM LLC grew its position in iShares Russell 1000 Growth ETF by 6.0% during the second 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 in the last quarter. Finally, Americana Partners LLC grew its position in iShares Russell 1000 Growth ETF by 377.5% during the second quarter. Americana Partners LLC now owns 55,096 shares of the exchange traded fund’s stock worth $23,393,000 after buying an additional 43,557 shares in the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 0.0%

Shares of IWF opened at $480.33 on Friday. The stock’s 50-day moving average price is $475.05 and its 200 day moving average price is $454.17. The firm has a market capitalization of $124.72 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $493.00.

About iShares Russell 1000 Growth ETF

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.