Sound View Wealth Advisors Group LLC Sells 1,241 Shares of iShares Russell 1000 Growth ETF $IWF

Sound View Wealth Advisors Group LLC cut its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 5.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,228 shares of the exchange traded fund’s stock after selling 1,241 shares during the quarter. Sound View Wealth Advisors Group LLC’s holdings in iShares Russell 1000 Growth ETF were worth $10,047,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Holos Integrated Wealth LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth about $35,000. Manning & Napier Advisors LLC purchased a new position in iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $47,000. Flagship Wealth Advisors LLC increased its stake in iShares Russell 1000 Growth ETF by 131.9% in the 3rd quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 62 shares during the period. Steigerwald Gordon & Koch Inc. bought a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $53,000. Finally, Main Street Group LTD boosted its stake in shares of iShares Russell 1000 Growth ETF by 101.0% during the third quarter. Main Street Group LTD now owns 201 shares of the exchange traded fund’s stock valued at $94,000 after purchasing an additional 101 shares during the period. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $427.44 on Friday. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $493.00. The company’s 50 day moving average price is $455.93 and its 200-day moving average price is $465.82. The stock has a market capitalization of $109.94 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.