Waddell & Associates LLC Cuts Position in iShares Russell 1000 Growth ETF $IWF

Waddell & Associates LLC lessened its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 37.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,020 shares of the exchange traded fund’s stock after selling 4,225 shares during the quarter. Waddell & Associates LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,323,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. CIBC Bancorp USA Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $452,320,000. Dynasty Wealth Management LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 1,752.6% in the 4th quarter. Dynasty Wealth Management LLC now owns 657,578 shares of the exchange traded fund’s stock worth $311,232,000 after purchasing an additional 622,083 shares during the period. Focus Partners Wealth lifted its stake in shares of iShares Russell 1000 Growth ETF by 75.0% during the 3rd quarter. Focus Partners Wealth now owns 1,324,870 shares of the exchange traded fund’s stock worth $620,714,000 after acquiring an additional 568,001 shares during the last quarter. Northern Trust Corp raised its position in iShares Russell 1000 Growth ETF by 8.1% during the 3rd quarter. Northern Trust Corp now owns 5,458,872 shares of the exchange traded fund’s stock valued at $2,556,990,000 after purchasing an additional 409,416 shares in the last quarter. Finally, Tcfg Wealth Management LLC raised its position in shares of iShares Russell 1000 Growth ETF by 26,473.7% in the 3rd quarter. Tcfg Wealth Management LLC now owns 366,717 shares of the exchange traded fund’s stock worth $171,774,000 after acquiring an additional 365,337 shares in the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock opened at $122.98 on Tuesday. iShares Russell 1000 Growth ETF has a 1-year low of $100.47 and a 1-year high of $129.14. The stock’s fifty day moving average price is $119.15 and its 200 day moving average price is $116.80. The company has a market cap of $128.44 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.