USAdvisors Wealth Management LLC Cuts Stock Position in iShares Russell 1000 Growth ETF $IWF

USAdvisors Wealth Management LLC cut its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 88.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 571 shares of the exchange traded fund’s stock after selling 4,486 shares during the period. USAdvisors Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $242,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Toth Financial Advisory Corp increased its stake in iShares Russell 1000 Growth ETF by 329.4% during the first quarter. Toth Financial Advisory Corp now owns 73 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 56 shares during the period. HighMark Wealth Management LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 60.5% during the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 26 shares during the period. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the first quarter worth approximately $31,000. EQ Wealth Advisors LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the first quarter worth approximately $32,000. Finally, Hughes Financial Services LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the first quarter worth approximately $33,000. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock opened at $469.94 on Friday. The company’s 50 day moving average price is $452.30 and its 200 day moving average price is $411.66. The firm has a market capitalization of $122.47 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $473.82.

iShares Russell 1000 Growth ETF Company 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.