SVB Wealth LLC Sells 10,100 Shares of iShares Russell 1000 Growth ETF $IWF

SVB Wealth LLC cut its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 45.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,224 shares of the exchange traded fund’s stock after selling 10,100 shares during the quarter. SVB Wealth LLC’s holdings in iShares Russell 1000 Growth ETF were worth $5,212,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of IWF. Bright Futures Wealth Management LLC. acquired a new position in iShares Russell 1000 Growth ETF during the third quarter worth $532,000. 1ST Source Bank lifted its stake in shares of iShares Russell 1000 Growth ETF by 0.8% in the third quarter. 1ST Source Bank now owns 568,098 shares of the exchange traded fund’s stock valued at $266,103,000 after buying an additional 4,486 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 3.3% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 67,884 shares of the exchange traded fund’s stock valued at $32,130,000 after buying an additional 2,139 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of iShares Russell 1000 Growth ETF by 59.3% during the fourth quarter. Farther Finance Advisors LLC now owns 46,216 shares of the exchange traded fund’s stock worth $21,874,000 after acquiring an additional 17,212 shares in the last quarter. Finally, AMI Asset Management Corp increased its position in shares of iShares Russell 1000 Growth ETF by 542.6% during the fourth quarter. AMI Asset Management Corp now owns 71,879 shares of the exchange traded fund’s stock worth $34,020,000 after acquiring an additional 60,693 shares in the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $121.76 on Tuesday. iShares Russell 1000 Growth ETF has a fifty-two week low of $100.47 and a fifty-two week high of $129.14. The firm has a market capitalization of $127.17 billion, a PE ratio of 33.43 and a beta of 1.16. The company’s 50-day moving average is $122.14 and its 200 day moving average is $117.15.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.