Wellspring Financial Advisors LLC Sells 1,600 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Wellspring Financial Advisors LLC cut its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 80,855 shares of the exchange traded fund’s stock after selling 1,600 shares during the quarter. iShares Russell 1000 Growth ETF accounts for 0.6% of Wellspring Financial Advisors LLC’s holdings, making the stock its 19th largest position. Wellspring Financial Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $32,470,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWF. Smith Salley Wealth Management grew its holdings in shares of iShares Russell 1000 Growth ETF by 14.3% during the 4th quarter. Smith Salley Wealth Management now owns 3,256 shares of the exchange traded fund’s stock worth $1,307,000 after purchasing an additional 407 shares in the last quarter. J.W. Cole Advisors Inc. grew its stake in iShares Russell 1000 Growth ETF by 0.5% during the fourth quarter. J.W. Cole Advisors Inc. now owns 21,078 shares of the exchange traded fund’s stock worth $8,465,000 after buying an additional 111 shares in the last quarter. Affiance Financial LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 4.6% during the 4th quarter. Affiance Financial LLC now owns 30,035 shares of the exchange traded fund’s stock worth $12,061,000 after acquiring an additional 1,322 shares during the period. Clientfirst Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $11,350,000. Finally, Realta Investment Advisors bought a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $1,095,000.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF opened at $325.67 on Monday. iShares Russell 1000 Growth ETF has a fifty-two week low of $311.80 and a fifty-two week high of $419.53. The business has a fifty day moving average price of $388.12 and a two-hundred day moving average price of $392.22. The stock has a market capitalization of $86.43 billion, a PE ratio of 31.13 and a beta of 1.15.

iShares Russell 1000 Growth ETF 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.