Total Clarity Wealth Management Inc. Cuts Stake in iShares Russell 1000 Growth ETF $IWF

Total Clarity Wealth Management Inc. reduced its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 19.1% during the second quarter, according to its most recent filing with the SEC. The fund owned 12,547 shares of the exchange traded fund’s stock after selling 2,958 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 1.5% of Total Clarity Wealth Management Inc.’s portfolio, making the stock its 14th largest holding. Total Clarity Wealth Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $5,327,000 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 the stock. Kingstone Capital Partners Texas LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 722,329.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 17,851,227 shares of the exchange traded fund’s stock worth $7,579,274,000 after buying an additional 17,848,756 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in iShares Russell 1000 Growth ETF by 0.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,688,217 shares of the exchange traded fund’s stock valued at $3,498,319,000 after acquiring an additional 68,243 shares during the period. Northern Trust Corp raised its stake in iShares Russell 1000 Growth ETF by 4.3% in the 1st quarter. Northern Trust Corp now owns 5,109,809 shares of the exchange traded fund’s stock valued at $1,845,101,000 after acquiring an additional 208,598 shares during the period. LPL Financial LLC raised its stake in iShares Russell 1000 Growth ETF by 4.2% in the 1st quarter. LPL Financial LLC now owns 3,280,071 shares of the exchange traded fund’s stock valued at $1,184,401,000 after acquiring an additional 133,621 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in iShares Russell 1000 Growth ETF by 3.6% in the 1st quarter. Commonwealth Equity Services LLC now owns 2,173,269 shares of the exchange traded fund’s stock valued at $784,746,000 after acquiring an additional 75,027 shares during the period. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $459.47 on Monday. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $476.74. The stock’s 50-day simple moving average is $455.48 and its 200 day simple moving average is $415.34. The stock has a market capitalization of $118.98 billion, a P/E ratio of 33.43 and a beta of 1.08.

iShares Russell 1000 Growth ETF 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.