Mayflower Financial Advisors LLC Reduces Stock Position in iShares Russell 1000 Growth ETF $IWF

Mayflower Financial Advisors LLC lowered its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 36.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 1,296 shares of the exchange traded fund’s stock after selling 736 shares during the period. Mayflower Financial Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $550,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. ACT Wealth Management LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 3.0% in the second quarter. ACT Wealth Management LLC now owns 820 shares of the exchange traded fund’s stock worth $348,000 after purchasing an additional 24 shares during the period. HighMark Wealth Management LLC increased its holdings in shares of 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 period. Signature Estate & Investment Advisors LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 1.5% in the second quarter. Signature Estate & Investment Advisors LLC now owns 1,842 shares of the exchange traded fund’s stock worth $782,000 after purchasing an additional 27 shares during the period. Madison Wealth Partners Inc increased its holdings in shares of iShares Russell 1000 Growth ETF by 2.4% in the second quarter. Madison Wealth Partners Inc now owns 1,184 shares of the exchange traded fund’s stock worth $503,000 after purchasing an additional 28 shares during the period. Finally, Midwest Professional Planners LTD. increased its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% in the first quarter. Midwest Professional Planners LTD. now owns 6,809 shares of the exchange traded fund’s stock worth $2,458,000 after purchasing an additional 30 shares during the period. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

iShares Russell 1000 Growth ETF stock opened at $491.71 on Thursday. The stock 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 fifty-two week low of $308.67 and a fifty-two week high of $493.00. The firm’s fifty day moving average price is $463.03 and its 200-day moving average price is $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.