FLC Capital Advisors Lowers Stock Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

FLC Capital Advisors cut its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 27,018 shares of the exchange traded fund’s stock after selling 203 shares during the quarter. iShares Russell 1000 Growth ETF comprises approximately 2.5% of FLC Capital Advisors’ holdings, making the stock its 9th biggest position. FLC Capital Advisors’ holdings in iShares Russell 1000 Growth ETF were worth $10,850,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Smith Salley Wealth Management lifted its stake in shares of iShares Russell 1000 Growth ETF by 14.3% during the 4th quarter. Smith Salley Wealth Management now owns 3,256 shares of the exchange traded fund’s stock valued at $1,307,000 after buying an additional 407 shares in the last quarter. Independent Advisor Alliance raised its holdings in iShares Russell 1000 Growth ETF by 8.4% during the 3rd quarter. Independent Advisor Alliance now owns 1,125 shares of the exchange traded fund’s stock valued at $422,000 after acquiring an additional 87 shares during the period. AA Financial Advisors LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter worth $278,000. Chicago Wealth Management Inc. boosted its holdings in shares of iShares Russell 1000 Growth ETF by 6.7% in the second quarter. Chicago Wealth Management Inc. now owns 20,693 shares of the exchange traded fund’s stock worth $7,543,000 after acquiring an additional 1,307 shares during the period. Finally, Barnett & Company Inc. grew its position in shares of iShares Russell 1000 Growth ETF by 1.6% in the third quarter. Barnett & Company Inc. now owns 1,822 shares of the exchange traded fund’s stock valued at $684,000 after purchasing an additional 29 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $406.98 on Monday. iShares Russell 1000 Growth ETF has a 52-week low of $304.85 and a 52-week high of $419.53. The stock’s 50-day simple moving average is $403.79 and its 200 day simple moving average is $380.70. The stock has a market capitalization of $107.67 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20.

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.