Encompass Wealth Advisors LLC Cuts Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Encompass Wealth Advisors LLC lessened its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 5.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,658 shares of the exchange traded fund’s stock after selling 193 shares during the quarter. Encompass Wealth Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,469,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of IWF. Truvestments Capital LLC bought a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at $27,000. Signature Resources Capital Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at about $28,000. ORG Wealth Partners LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter worth about $31,000. Capital Performance Advisors LLP bought a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter worth about $51,000. Finally, Sawyer & Company Inc purchased a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter worth about $53,000.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF opened at $412.88 on Friday. iShares Russell 1000 Growth ETF has a 1-year low of $315.24 and a 1-year high of $419.53. The business has a 50 day simple moving average of $407.93 and a two-hundred day simple moving average of $383.99. The stock has a market capitalization of $109.23 billion, a PE ratio of 35.64 and a beta of 1.20.

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.