Main Street Financial Solutions LLC Sells 7,696 Shares of iShares Russell 1000 Growth ETF $IWF

Main Street Financial Solutions LLC lessened its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 58.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,497 shares of the exchange traded fund’s stock after selling 7,696 shares during the quarter. Main Street Financial Solutions LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,602,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Godsey & Gibb Inc. acquired a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $27,000. Concord Wealth Partners raised its stake in iShares Russell 1000 Growth ETF by 210.0% in the fourth 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 in the last quarter. Reyes Financial Architecture Inc. acquired a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $30,000. Networth Advisors LLC acquired a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $32,000. Finally, Holos Integrated Wealth LLC acquired a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $35,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 1.4%

IWF stock opened at $121.60 on Thursday. The company has a market cap of $127.00 billion, a PE ratio of 33.43 and a beta of 1.16. The business has a 50-day simple moving average of $121.37 and a 200 day simple moving average of $117.07. iShares Russell 1000 Growth ETF has a 52 week low of $100.47 and a 52 week high of $129.14.

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.