Belpointe Asset Management LLC Trims Stake in iShares Russell 1000 Growth ETF $IWF

Belpointe Asset Management LLC lowered its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 8,522 shares of the exchange traded fund’s stock after selling 39 shares during the period. Belpointe Asset Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,077,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of IWF. Toth Financial Advisory Corp increased its position in shares of iShares Russell 1000 Growth ETF by 329.4% during the first quarter. Toth Financial Advisory Corp now owns 73 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 56 shares during the period. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in iShares Russell 1000 Growth ETF in the first quarter worth $31,000. EQ Wealth Advisors LLC purchased a new stake in iShares Russell 1000 Growth ETF in the first quarter worth $32,000. Hughes Financial Services LLC purchased a new stake in iShares Russell 1000 Growth ETF in the first quarter worth $33,000. Finally, American Capital Advisory LLC grew its stake in iShares Russell 1000 Growth ETF by 792.3% in the first quarter. American Capital Advisory LLC now owns 116 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 103 shares during the period. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Up 0.7%

Shares of IWF stock opened at $456.24 on Thursday. The stock has a market cap of $119.24 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08. The business’s fifty day moving average is $440.52 and its 200 day moving average is $401.19. iShares Russell 1000 Growth ETF has a twelve month low of $308.67 and a twelve month high of $458.64.

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.