Avidian Wealth Enterprises LLC Reduces Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Avidian Wealth Enterprises LLC lowered its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 3.1% during the 1st quarter, HoldingsChannel reports. The fund owned 128,079 shares of the exchange traded fund’s stock after selling 4,055 shares during the period. iShares Russell 1000 Growth ETF comprises 2.1% of Avidian Wealth Enterprises LLC’s portfolio, making the stock its 11th biggest holding. Avidian Wealth Enterprises LLC’s holdings in iShares Russell 1000 Growth ETF were worth $46,248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in IWF. Rehmann Capital Advisory Group raised its position in shares of iShares Russell 1000 Growth ETF by 2.4% in the fourth quarter. Rehmann Capital Advisory Group now owns 14,782 shares of the exchange traded fund’s stock worth $5,937,000 after buying an additional 342 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of iShares Russell 1000 Growth ETF by 1.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 410,733 shares of the exchange traded fund’s stock worth $148,311,000 after buying an additional 6,064 shares in the last quarter. CGN Advisors LLC raised its position in shares of iShares Russell 1000 Growth ETF by 1.7% in the first quarter. CGN Advisors LLC now owns 6,580 shares of the exchange traded fund’s stock worth $2,376,000 after buying an additional 113 shares in the last quarter. Fernwood Investment Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth $201,000. Finally, Transamerica Financial Advisors Inc. raised its position in shares of iShares Russell 1000 Growth ETF by 3.0% in the fourth quarter. Transamerica Financial Advisors Inc. now owns 4,300 shares of the exchange traded fund’s stock worth $1,727,000 after buying an additional 125 shares in the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $421.70 on Friday. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $422.60. The company has a market capitalization of $110.99 billion, a PE ratio of 33.43 and a beta of 1.08. The business’s fifty day moving average is $391.90 and its 200 day moving average is $390.03.

About iShares Russell 1000 Growth ETF

(Free Report)

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.

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