Glassman Wealth Services Cuts Stock Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Glassman Wealth Services reduced its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,491 shares of the exchange traded fund’s stock after selling 122 shares during the period. iShares Russell 1000 Growth ETF comprises 0.3% of Glassman Wealth Services’ portfolio, making the stock its 16th biggest holding. Glassman Wealth Services’ holdings in iShares Russell 1000 Growth ETF were worth $1,803,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $46,000. Maia Wealth LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $867,000. Cape Investment Advisory Inc. lifted its holdings in iShares Russell 1000 Growth ETF by 65.4% in the fourth quarter. Cape Investment Advisory Inc. now owns 134 shares of the exchange traded fund’s stock valued at $54,000 after acquiring an additional 53 shares during the last quarter. West Michigan Advisors LLC lifted its holdings in iShares Russell 1000 Growth ETF by 17.3% in the fourth quarter. West Michigan Advisors LLC now owns 5,604 shares of the exchange traded fund’s stock valued at $2,251,000 after acquiring an additional 826 shares during the last quarter. Finally, Noble Wealth Management PBC acquired a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $133,000.

iShares Russell 1000 Growth ETF Stock Performance

IWF opened at $394.60 on Friday. iShares Russell 1000 Growth ETF has a one year low of $315.24 and a one year high of $419.53. The stock has a market capitalization of $102.62 billion, a PE ratio of 36.11 and a beta of 1.09. The business’s 50 day moving average price is $407.72 and its 200 day moving average price is $390.94.

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.