Snider Financial Group Trims Stock Holdings in iShares Russell 1000 Growth ETF $IWF

Snider Financial Group reduced its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 47.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,462 shares of the exchange traded fund’s stock after selling 3,159 shares during the period. Snider Financial Group’s holdings in iShares Russell 1000 Growth ETF were worth $1,639,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of IWF. Holos Integrated Wealth LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $35,000. Manning & Napier Advisors LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $47,000. Flagship Wealth Advisors LLC raised its holdings 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 valued at $51,000 after buying an additional 62 shares during the period. Steigerwald Gordon & Koch Inc. purchased a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $53,000. Finally, Dorato Capital Management purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $70,000. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Up 0.1%

Shares of IWF opened at $431.97 on Wednesday. The firm has a market cap of $113.35 billion, a P/E ratio of 33.43 and a beta of 1.15. iShares Russell 1000 Growth ETF has a 12-month low of $315.57 and a 12-month high of $493.00. The company’s 50-day moving average price is $445.65 and its 200 day moving average price is $463.28.

About iShares Russell 1000 Growth ETF

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.