HBK Sorce Advisory LLC Sells 1,651 Shares of iShares Russell 1000 Growth ETF $IWF

HBK Sorce Advisory LLC decreased its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.6% in the second quarter, Holdings Channel reports. The fund owned 34,567 shares of the exchange traded fund’s stock after selling 1,651 shares during the quarter. iShares Russell 1000 Growth ETF makes up 0.4% of HBK Sorce Advisory LLC’s holdings, making the stock its 26th biggest holding. HBK Sorce Advisory LLC’s holdings in iShares Russell 1000 Growth ETF were worth $14,677,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Concord Wealth Partners lifted its stake in iShares Russell 1000 Growth ETF by 1,966.7% in the second quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 59 shares during the last quarter. HighMark Wealth Management LLC lifted its stake in iShares Russell 1000 Growth ETF by 60.5% in the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 26 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC bought a new stake in iShares Russell 1000 Growth ETF in the first quarter worth about $31,000. Hughes Financial Services LLC bought a new stake in iShares Russell 1000 Growth ETF in the first quarter worth about $33,000. Finally, American Capital Advisory LLC lifted its stake in iShares Russell 1000 Growth ETF by 792.3% in the first quarter. American Capital Advisory LLC now owns 116 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 103 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA IWF opened at $491.71 on Thursday. The company has a market cap of $127.40 billion, a P/E ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $493.00. The firm has a 50-day simple moving average of $463.03 and a two-hundred day simple moving average of $426.96.

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.