Smith Salley Wealth Management Reduces Stake in iShares Russell 1000 Growth ETF $IWF

Smith Salley Wealth Management trimmed its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,788 shares of the exchange traded fund’s stock after selling 144 shares during the quarter. Smith Salley Wealth Management’s holdings in iShares Russell 1000 Growth ETF were worth $1,184,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 722,329.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 17,851,227 shares of the exchange traded fund’s stock valued at $7,579,274,000 after buying an additional 17,848,756 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of iShares Russell 1000 Growth ETF by 0.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,688,217 shares of the exchange traded fund’s stock valued at $3,498,319,000 after buying an additional 68,243 shares in the last quarter. Northern Trust Corp lifted its stake in shares of iShares Russell 1000 Growth ETF by 4.3% during the 1st quarter. Northern Trust Corp now owns 5,109,809 shares of the exchange traded fund’s stock valued at $1,845,101,000 after buying an additional 208,598 shares in the last quarter. LPL Financial LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 4.2% during the 1st quarter. LPL Financial LLC now owns 3,280,071 shares of the exchange traded fund’s stock valued at $1,184,401,000 after buying an additional 133,621 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 3.6% during the 1st quarter. Commonwealth Equity Services LLC now owns 2,173,269 shares of the exchange traded fund’s stock valued at $784,746,000 after buying an additional 75,027 shares in the last quarter. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Up 0.4%

Shares of IWF stock opened at $464.84 on Monday. The stock has a market capitalization of $121.49 billion, a P/E ratio of 33.43 and a beta of 1.08. The firm’s 50 day moving average is $448.99 and its 200 day moving average is $408.42. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $473.01.

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.