iShares Russell 1000 Growth ETF $IWF Shares Sold by Dakota Wealth Management

Dakota Wealth Management trimmed its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 5.8% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 34,336 shares of the exchange traded fund’s stock after selling 2,133 shares during the quarter. Dakota Wealth Management’s holdings in iShares Russell 1000 Growth ETF were worth $16,083,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bell Investment Advisors Inc bought a new stake in iShares Russell 1000 Growth ETF in the 2nd quarter valued at about $32,000. Manning & Napier Advisors LLC bought a new position in iShares Russell 1000 Growth ETF in the 3rd quarter worth about $47,000. Flagship Wealth Advisors LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 131.9% in the third quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 62 shares during the period. Steigerwald Gordon & Koch Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter valued at approximately $53,000. Finally, Compass Financial Services Inc acquired a new position in shares of iShares Russell 1000 Growth ETF during the second quarter worth approximately $62,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock opened at $447.99 on Tuesday. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $493.00. The firm has a market capitalization of $115.22 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. The business has a 50 day simple moving average of $466.44 and a 200 day simple moving average of $465.84.

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.