Confluence Wealth Services Inc. Has $142.56 Million Stock Holdings in iShares Russell 1000 Growth ETF $IWF

Confluence Wealth Services Inc. boosted its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 301,211 shares of the exchange traded fund’s stock after purchasing an additional 9,752 shares during the period. iShares Russell 1000 Growth ETF makes up 5.9% of Confluence Wealth Services Inc.’s portfolio, making the stock its 3rd largest position. Confluence Wealth Services Inc. owned 0.12% of iShares Russell 1000 Growth ETF worth $142,563,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in IWF. Flagship Private Wealth LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 0.8% during the third quarter. Flagship Private Wealth LLC now owns 2,747 shares of the exchange traded fund’s stock valued at $1,287,000 after acquiring an additional 21 shares during the last quarter. KCM Investment Advisors LLC increased its position in shares of iShares Russell 1000 Growth ETF by 0.5% during the third quarter. KCM Investment Advisors LLC now owns 4,104 shares of the exchange traded fund’s stock valued at $1,922,000 after buying an additional 22 shares during the period. Jamison Private Wealth Management Inc. increased its position in shares of iShares Russell 1000 Growth ETF by 1.1% during the fourth quarter. Jamison Private Wealth Management Inc. now owns 2,078 shares of the exchange traded fund’s stock valued at $983,000 after buying an additional 23 shares during the period. Ironwood Wealth Management LLC. grew its holdings in iShares Russell 1000 Growth ETF by 0.6% in the third quarter. Ironwood Wealth Management LLC. now owns 4,277 shares of the exchange traded fund’s stock worth $2,003,000 after purchasing an additional 24 shares during the period. Finally, HTG Investment Advisors Inc. grew its holdings in iShares Russell 1000 Growth ETF by 0.6% in the third quarter. HTG Investment Advisors Inc. now owns 4,110 shares of the exchange traded fund’s stock worth $1,925,000 after purchasing an additional 24 shares during the period. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $478.87 on Thursday. The stock has a market cap of $125.20 billion, a PE ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a fifty-two week low of $348.19 and a fifty-two week high of $493.00. The firm’s 50-day simple moving average is $445.98 and its two-hundred day simple moving average is $462.88.

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