iShares Russell 1000 Growth Index (IWF) Holdings Lifted by Sheets Smith Wealth Management

Sheets Smith Wealth Management boosted its position in shares of iShares Russell 1000 Growth Index (NYSEARCA:IWF) by 2.7% in the fourth quarter, Holdings Channel reports. The fund owned 104,212 shares of the exchange traded fund’s stock after acquiring an additional 2,714 shares during the period. iShares Russell 1000 Growth Index accounts for 3.3% of Sheets Smith Wealth Management’s investment portfolio, making the stock its biggest holding. Sheets Smith Wealth Management’s holdings in iShares Russell 1000 Growth Index were worth $14,035,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. lifted its position in iShares Russell 1000 Growth Index by 6.0% during the 2nd quarter. Goldman Sachs Group Inc. now owns 8,761,515 shares of the exchange traded fund’s stock worth $1,042,796,000 after acquiring an additional 495,824 shares during the last quarter. TIAA FSB lifted its position in iShares Russell 1000 Growth Index by 4.4% during the 3rd quarter. TIAA FSB now owns 6,153,121 shares of the exchange traded fund’s stock worth $769,509,000 after acquiring an additional 260,017 shares during the last quarter. M&T Bank Corp lifted its position in iShares Russell 1000 Growth Index by 9.1% during the 2nd quarter. M&T Bank Corp now owns 4,275,462 shares of the exchange traded fund’s stock worth $508,867,000 after acquiring an additional 357,731 shares during the last quarter. BlackRock Inc. lifted its position in iShares Russell 1000 Growth Index by 17.7% during the 2nd quarter. BlackRock Inc. now owns 2,659,400 shares of the exchange traded fund’s stock worth $316,522,000 after acquiring an additional 400,403 shares during the last quarter. Finally, Synovus Financial Corp lifted its position in iShares Russell 1000 Growth Index by 3.8% during the 3rd quarter. Synovus Financial Corp now owns 2,585,088 shares of the exchange traded fund’s stock worth $323,312,000 after acquiring an additional 93,762 shares during the last quarter.

iShares Russell 1000 Growth Index (NYSEARCA IWF) traded up $0.94 during trading on Friday, reaching $141.21. 3,632,350 shares of the company’s stock were exchanged, compared to its average volume of 2,112,844. The firm has a market cap of $42,090.00 and a price-to-earnings ratio of 17.83. iShares Russell 1000 Growth Index has a 52-week low of $107.12 and a 52-week high of $141.33.

The company also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Friday, December 22nd were given a dividend of $0.3567 per share. This represents a $1.43 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date was Thursday, December 21st. iShares Russell 1000 Growth Index’s dividend payout ratio is 18.69%.

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iShares Russell 1000 Growth Index 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.

Want to see what other hedge funds are holding IWF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Growth Index (NYSEARCA:IWF).

Institutional Ownership by Quarter for iShares Russell 1000 Growth Index (NYSEARCA:IWF)

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