Dynamic Advisor Solutions LLC Trims Stock Position in iShares Russell 1000 Growth ETF $IWF

Dynamic Advisor Solutions LLC cut its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 8.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,712 shares of the exchange traded fund’s stock after selling 1,138 shares during the period. Dynamic Advisor Solutions LLC’s holdings in iShares Russell 1000 Growth ETF were worth $5,397,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC raised its stake in iShares Russell 1000 Growth ETF by 311.2% during the 1st quarter. Golden State Wealth Management LLC now owns 2,743 shares of the exchange traded fund’s stock valued at $991,000 after acquiring an additional 2,076 shares during the last quarter. PGIM Custom Harvest LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 27.3% during the 1st quarter. PGIM Custom Harvest LLC now owns 5,428 shares of the exchange traded fund’s stock worth $1,960,000 after buying an additional 1,165 shares in the last quarter. Partnership Wealth Management LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 5.4% during the 2nd quarter. Partnership Wealth Management LLC now owns 18,058 shares of the exchange traded fund’s stock worth $7,667,000 after buying an additional 922 shares in the last quarter. Obermeyer Wealth Partners raised its stake in shares of iShares Russell 1000 Growth ETF by 27.0% during the 1st quarter. Obermeyer Wealth Partners now owns 3,565 shares of the exchange traded fund’s stock worth $1,287,000 after buying an additional 759 shares in the last quarter. Finally, Summit Financial LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 3.3% during the 1st quarter. Summit Financial LLC now owns 38,912 shares of the exchange traded fund’s stock worth $14,051,000 after buying an additional 1,256 shares in the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Down 0.4%

Shares of IWF stock opened at $461.51 on Thursday. The company has a market cap of $120.62 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08. The stock has a 50 day simple moving average of $443.97 and a 200-day simple moving average of $403.47. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $465.05.

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.