Wellspring Financial Advisors LLC Has $32.47 Million Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Wellspring Financial Advisors LLC lessened its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 80,855 shares of the exchange traded fund’s stock after selling 1,600 shares during the quarter. iShares Russell 1000 Growth ETF comprises 0.6% of Wellspring Financial Advisors LLC’s portfolio, making the stock its 19th biggest holding. Wellspring Financial Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $32,470,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Cerity Partners LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 1.0% in the fourth quarter. Cerity Partners LLC now owns 943,518 shares of the exchange traded fund’s stock valued at $378,829,000 after buying an additional 9,056 shares during the period. Trek Financial LLC increased its position in iShares Russell 1000 Growth ETF by 174.8% in the 4th quarter. Trek Financial LLC now owns 2,457 shares of the exchange traded fund’s stock valued at $987,000 after acquiring an additional 1,563 shares during the period. Federated Hermes Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth $319,000. Edgewood Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth $5,743,000. Finally, Alcosta Capital Management Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth $166,000.

iShares Russell 1000 Growth ETF Stock Down 6.0 %

Shares of NYSEARCA:IWF opened at $325.67 on Monday. The business has a fifty day simple moving average of $388.12 and a 200 day simple moving average of $392.22. iShares Russell 1000 Growth ETF has a 12-month low of $311.80 and a 12-month high of $419.53. The firm has a market cap of $86.43 billion, a P/E ratio of 31.13 and a beta of 1.15.

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.