GLOBALT Investments LLC GA Sells 7,213 Shares of iShares Russell 1000 Growth ETF $IWF

GLOBALT Investments LLC GA lessened its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 906,369 shares of the exchange traded fund’s stock after selling 7,213 shares during the quarter. iShares Russell 1000 Growth ETF makes up 15.6% of GLOBALT Investments LLC GA’s portfolio, making the stock its biggest position. GLOBALT Investments LLC GA’s holdings in iShares Russell 1000 Growth ETF were worth $428,984,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Godsey & Gibb Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at about $27,000. Concord Wealth Partners raised its stake in shares of iShares Russell 1000 Growth ETF by 210.0% in the 4th 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 during the period. Reyes Financial Architecture Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at about $30,000. Networth Advisors LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at about $32,000. Finally, Holos Integrated Wealth LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at about $35,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $124.37 on Monday. The business’s 50-day moving average price is $114.18 and its two-hundred day moving average price is $116.13. iShares Russell 1000 Growth ETF has a 1 year low of $97.07 and a 1 year high of $126.04. The company has a market capitalization of $129.89 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16.

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.