Independent Solutions Wealth Management LLC Decreases Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Independent Solutions Wealth Management LLC lowered its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 6.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,936 shares of the exchange traded fund’s stock after selling 254 shares during the quarter. Independent Solutions Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,415,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in IWF. SRS Capital Advisors Inc. grew its holdings in iShares Russell 1000 Growth ETF by 0.7% in the 4th quarter. SRS Capital Advisors Inc. now owns 4,085 shares of the exchange traded fund’s stock worth $1,641,000 after buying an additional 29 shares in the last quarter. Abbot Financial Management Inc. boosted its position in iShares Russell 1000 Growth ETF by 3.4% during the 4th quarter. Abbot Financial Management Inc. now owns 908 shares of the exchange traded fund’s stock worth $365,000 after acquiring an additional 30 shares during the period. Laurel Wealth Advisors LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 0.8% in the first quarter. Laurel Wealth Advisors LLC now owns 4,015 shares of the exchange traded fund’s stock worth $1,450,000 after purchasing an additional 31 shares in the last quarter. Arvest Investments Inc. grew its stake in shares of iShares Russell 1000 Growth ETF by 3.0% in the first quarter. Arvest Investments Inc. now owns 1,097 shares of the exchange traded fund’s stock worth $396,000 after purchasing an additional 32 shares in the last quarter. Finally, Vertex Planning Partners LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 4.5% during the fourth quarter. Vertex Planning Partners LLC now owns 836 shares of the exchange traded fund’s stock valued at $336,000 after purchasing an additional 36 shares during the period.

iShares Russell 1000 Growth ETF Stock Up 1.4%

Shares of NYSEARCA IWF opened at $414.00 on Wednesday. The stock has a market cap of $108.92 billion, a P/E ratio of 33.43 and a beta of 1.15. The firm’s 50-day simple moving average is $387.26 and its 200 day simple moving average is $389.88. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $419.53.

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.