Blodgett Wealth Advisors LLC Sells 6,620 Shares of iShares Russell 1000 Growth ETF $IWF

Blodgett Wealth Advisors LLC lessened its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 13.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 41,985 shares of the exchange traded fund’s stock after selling 6,620 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 14.2% of Blodgett Wealth Advisors LLC’s portfolio, making the stock its largest holding. Blodgett Wealth Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $17,902,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Godsey & Gibb Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth $27,000. MBM Wealth Consultants LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the 1st quarter valued at $28,000. Concord Wealth Partners lifted its stake in shares of iShares Russell 1000 Growth ETF by 210.0% in the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 42 shares during the last quarter. Richards Merrill & Peterson Inc. lifted its stake in shares of iShares Russell 1000 Growth ETF by 76.9% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 30 shares during the last quarter. Finally, Reyes Financial Architecture Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at $30,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Up 0.5%

Shares of NYSEARCA:IWF opened at $123.95 on Friday. The stock has a market capitalization of $127.92 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.14. The firm has a fifty day moving average price of $123.25 and a 200 day moving average price of $117.46.

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.