SlateStone Wealth LLC lowered its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 3.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 57,028 shares of the exchange traded fund’s stock after selling 2,036 shares during the period. iShares Russell 1000 Growth ETF comprises approximately 2.1% of SlateStone Wealth LLC’s holdings, making the stock its 5th largest position. SlateStone Wealth LLC’s holdings in iShares Russell 1000 Growth ETF were worth $20,592,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Toth Financial Advisory Corp grew its stake in iShares Russell 1000 Growth ETF by 329.4% in the 1st quarter. Toth Financial Advisory Corp now owns 73 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 56 shares during the period. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 1st quarter worth approximately $31,000. EQ Wealth Advisors LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 1st quarter worth approximately $32,000. Hughes Financial Services LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 1st quarter worth approximately $33,000. Finally, American Capital Advisory LLC grew its stake in iShares Russell 1000 Growth ETF by 792.3% in the 1st quarter. American Capital Advisory LLC now owns 116 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 103 shares during the period. Institutional investors and hedge funds own 75.33% of the company’s stock.
iShares Russell 1000 Growth ETF Stock Down 0.5%
Shares of NYSEARCA IWF opened at $439.12 on Wednesday. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $443.54. The firm has a fifty day moving average of $416.50 and a 200-day moving average of $393.47. The stock has a market capitalization of $114.65 billion, a PE ratio of 33.43 and a beta of 1.08.
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.
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