iShares Russell 1000 Growth ETF $IWF Stock Position Lowered by Secure Asset Management LLC

Secure Asset Management LLC lessened its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 81.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 790 shares of the exchange traded fund’s stock after selling 3,450 shares during the quarter. Secure Asset Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $374,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in IWF. Breakwater Capital Group boosted its position in iShares Russell 1000 Growth ETF by 3.0% during the 3rd quarter. Breakwater Capital Group now owns 38,154 shares of the exchange traded fund’s stock worth $17,872,000 after acquiring an additional 1,095 shares during the period. First Horizon Corp purchased a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at $39,629,000. Dynasty Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at $16,626,000. Bright Futures Wealth Management LLC. purchased a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at $532,000. Finally, Permanent Capital Management LP purchased a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at $4,100,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Up 0.4%

iShares Russell 1000 Growth ETF stock opened at $431.74 on Tuesday. The company’s fifty day simple moving average is $446.50 and its 200-day simple moving average is $463.54. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $493.00. The stock has a market cap of $113.29 billion, a P/E ratio of 33.43 and a beta of 1.15.

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