Confluence Wealth Services Inc. Has $119.35 Million Position in iShares Russell 1000 Growth ETF $IWF

Confluence Wealth Services Inc. increased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.9% during the second quarter, HoldingsChannel reports. The fund owned 281,103 shares of the exchange traded fund’s stock after acquiring an additional 10,629 shares during the quarter. iShares Russell 1000 Growth ETF makes up about 6.5% of Confluence Wealth Services Inc.’s portfolio, making the stock its 3rd biggest holding. Confluence Wealth Services Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $119,351,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. HighMark Wealth Management LLC raised its position in shares of iShares Russell 1000 Growth ETF by 60.5% during the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 26 shares during the last quarter. Toth Financial Advisory Corp increased its stake in iShares Russell 1000 Growth ETF by 329.4% during the first quarter. Toth Financial Advisory Corp now owns 73 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 56 shares during the period. Mowery & Schoenfeld Wealth Management LLC acquired a new position in iShares Russell 1000 Growth ETF in the 1st quarter valued at approximately $31,000. EQ Wealth Advisors LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 1st quarter worth approximately $32,000. Finally, Hughes Financial Services LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 1st quarter worth approximately $33,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Down 0.4%

IWF opened at $469.94 on Monday. The stock’s 50 day simple moving average is $452.30 and its 200-day simple moving average is $411.97. The stock has a market cap of $122.49 billion, a PE ratio of 33.43 and a beta of 1.08. 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 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.