Avantax Planning Partners Inc. Cuts Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Avantax Planning Partners Inc. lessened its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 107,976 shares of the exchange traded fund’s stock after selling 5,465 shares during the quarter. iShares Russell 1000 Growth ETF comprises 1.2% of Avantax Planning Partners Inc.’s portfolio, making the stock its 13th largest position. Avantax Planning Partners Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $32,735,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SageView Advisory Group LLC increased its position in shares of iShares Russell 1000 Growth ETF by 15.6% during the fourth quarter. SageView Advisory Group LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $1,908,000 after acquiring an additional 813 shares in the last quarter. FineMark National Bank & Trust lifted its stake in shares of iShares Russell 1000 Growth ETF by 2.4% during the 4th quarter. FineMark National Bank & Trust now owns 21,683 shares of the exchange traded fund’s stock valued at $6,574,000 after buying an additional 510 shares in the last quarter. Frazier Financial Advisors LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at $36,000. Tidemark LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at $100,000. Finally, JPL Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at $293,000.

iShares Russell 1000 Growth ETF Stock Down 0.3 %

NYSEARCA:IWF traded down $0.95 during mid-day trading on Thursday, hitting $343.25. 957,535 shares of the stock traded hands, compared to its average volume of 1,335,077. The firm’s 50 day moving average is $333.25 and its two-hundred day moving average is $316.56. iShares Russell 1000 Growth ETF has a 52 week low of $248.82 and a 52 week high of $348.07. The stock has a market capitalization of $90.81 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20.

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.