Vance Wealth Inc. Trims Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Vance Wealth Inc. cut its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 14.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,658 shares of the exchange traded fund’s stock after selling 1,406 shares during the quarter. iShares Russell 1000 Growth ETF comprises about 1.1% of Vance Wealth Inc.’s portfolio, making the stock its 24th biggest position. Vance Wealth Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $2,625,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in IWF. BluePath Capital Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth $27,000. Cranbrook Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at about $30,000. Planned Solutions Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at about $34,000. Sound Income Strategies LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 772.2% in the 4th quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 139 shares in the last quarter. Finally, Mendota Financial Group LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at about $57,000.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock traded up $5.94 on Friday, hitting $327.99. The company’s stock had a trading volume of 857,404 shares, compared to its average volume of 1,409,033. iShares Russell 1000 Growth ETF has a 1 year low of $241.20 and a 1 year high of $340.83. The firm has a fifty day moving average price of $331.14 and a 200-day moving average price of $307.95. The company has a market capitalization of $86.90 billion, a price-to-earnings ratio of 36.72 and a beta of 1.20.

About iShares Russell 1000 Growth ETF

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.