Linscomb Wealth Inc. Reduces Position in iShares Russell 1000 Growth ETF $IWF

Linscomb Wealth Inc. reduced its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 6.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,078 shares of the exchange traded fund’s stock after selling 1,164 shares during the quarter. Linscomb Wealth Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $8,468,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in IWF. Bessemer Group Inc. boosted its position in shares of iShares Russell 1000 Growth ETF by 3.0% during the third quarter. Bessemer Group Inc. now owns 36,181 shares of the exchange traded fund’s stock valued at $16,947,000 after buying an additional 1,038 shares during the period. Savant Capital LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 1.2% during the 3rd quarter. Savant Capital LLC now owns 121,821 shares of the exchange traded fund’s stock worth $57,062,000 after acquiring an additional 1,496 shares during the last quarter. Flynn Zito Capital Management LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 41.0% during the 3rd quarter. Flynn Zito Capital Management LLC now owns 39,193 shares of the exchange traded fund’s stock worth $18,358,000 after acquiring an additional 11,406 shares during the last quarter. Payne Capital LLC purchased a new position in iShares Russell 1000 Growth ETF during the 3rd quarter valued at $867,000. Finally, Hantz Financial Services Inc. grew its position in iShares Russell 1000 Growth ETF by 0.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 122,517 shares of the exchange traded fund’s stock valued at $57,388,000 after acquiring an additional 955 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 1.1%

IWF stock opened at $453.94 on Thursday. iShares Russell 1000 Growth ETF has a twelve month low of $308.67 and a twelve month high of $493.00. The firm has a market cap of $116.75 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. The business’s fifty day simple moving average is $472.69 and its two-hundred day simple moving average is $464.40.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.