Sheets Smith Wealth Management Cuts Holdings in iShares Russell 1000 Growth ETF (IWF)

Sheets Smith Wealth Management reduced its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 21.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,274 shares of the exchange traded fund’s stock after selling 22,316 shares during the period. iShares Russell 1000 Growth ETF accounts for about 2.8% of Sheets Smith Wealth Management’s portfolio, making the stock its 3rd largest holding. Sheets Smith Wealth Management’s holdings in iShares Russell 1000 Growth ETF were worth $10,509,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of IWF. Csenge Advisory Group acquired a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $98,000. WESPAC Advisors SoCal LLC acquired a new position in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $101,000. Matthew Goff Investment Advisor LLC acquired a new position in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $110,000. Assetmark Inc. lifted its holdings in iShares Russell 1000 Growth ETF by 310.5% in the third quarter. Assetmark Inc. now owns 784 shares of the exchange traded fund’s stock valued at $122,000 after acquiring an additional 593 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC acquired a new position in iShares Russell 1000 Growth ETF during the third quarter worth $126,000.

NYSEARCA:IWF traded down $0.75 during trading hours on Friday, reaching $135.48. 111,130 shares of the stock were exchanged, compared to its average volume of 2,736,351. iShares Russell 1000 Growth ETF has a twelve month low of $121.71 and a twelve month high of $157.30.

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 4th. Stockholders of record on Monday, December 31st were given a dividend of $0.0249 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.07%. The ex-dividend date was Friday, December 28th.

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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.

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Institutional Ownership by Quarter for iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

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