Legacy Trust Decreases Position in iShares Russell 1000 Growth ETF $IWF

Legacy Trust lessened its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 61.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,711 shares of the exchange traded fund’s stock after selling 7,531 shares during the period. Legacy Trust’s holdings in iShares Russell 1000 Growth ETF were worth $2,000,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWF. Toth Financial Advisory Corp lifted its holdings in shares of iShares Russell 1000 Growth ETF by 329.4% during the 1st quarter. Toth Financial Advisory Corp now owns 73 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 56 shares during the last quarter. HighMark Wealth Management LLC raised its stake in iShares Russell 1000 Growth ETF by 60.5% in the 2nd quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 26 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC purchased a new position in iShares Russell 1000 Growth ETF in the 1st quarter worth $31,000. EQ Wealth Advisors LLC purchased a new position in iShares Russell 1000 Growth ETF in the 1st quarter worth $32,000. Finally, Hughes Financial Services LLC purchased a new position in iShares Russell 1000 Growth ETF in the 1st quarter worth $33,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock opened at $469.94 on Friday. The firm has a market capitalization of $122.47 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08. The business has a fifty day moving average of $452.30 and a 200 day moving average of $411.66. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $473.82.

iShares Russell 1000 Growth ETF Company 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.