Stone Summit Wealth LLC Decreases Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Stone Summit Wealth LLC trimmed its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 16.0% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 1,458 shares of the exchange traded fund’s stock after selling 277 shares during the quarter. Stone Summit Wealth LLC’s holdings in iShares Russell 1000 Growth ETF were worth $526,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Runnymede Capital Advisors Inc. purchased a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth approximately $27,000. Toth Financial Advisory Corp increased its stake in shares of iShares Russell 1000 Growth ETF by 329.4% in the first quarter. Toth Financial Advisory Corp now owns 73 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 56 shares during the period. EQ Wealth Advisors LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the first quarter worth $32,000. Kohmann Bosshard Financial Services LLC bought a new stake in iShares Russell 1000 Growth ETF during the 4th quarter valued at $46,000. Finally, Elequin Capital LP bought a new stake in iShares Russell 1000 Growth ETF during the 4th quarter valued at $47,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Up 0.9%

Shares of iShares Russell 1000 Growth ETF stock opened at $419.32 on Friday. The company’s fifty day simple moving average is $390.29 and its two-hundred day simple moving average is $390.12. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $421.15. The firm has a market cap of $110.37 billion, a PE 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.