Waterfront Wealth Inc. Sells 88 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Waterfront Wealth Inc. lessened its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,208 shares of the exchange traded fund’s stock after selling 88 shares during the period. Waterfront Wealth Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $973,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Tower Research Capital LLC TRC purchased a new position in shares of iShares Russell 1000 Growth ETF during the third quarter valued at approximately $25,000. BluePath Capital Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the third quarter valued at approximately $27,000. Cranbrook Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $30,000. Planned Solutions Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $34,000. Finally, Sound Income Strategies LLC increased its holdings in iShares Russell 1000 Growth ETF by 772.2% during the fourth quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 139 shares during the last quarter.

iShares Russell 1000 Growth ETF Trading Up 0.0 %

IWF stock traded up $0.13 during midday trading on Thursday, reaching $324.37. 310,860 shares of the company’s stock traded hands, compared to its average volume of 1,390,323. iShares Russell 1000 Growth ETF has a 52-week low of $239.23 and a 52-week high of $340.83. The stock has a market cap of $85.94 billion, a P/E ratio of 36.72 and a beta of 1.20. The stock’s 50-day moving average is $331.75 and its 200 day moving average is $305.35.

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.