Integrated Wealth Concepts LLC Cuts Position in iShares Russell 1000 Growth ETF $IWF

Integrated Wealth Concepts LLC trimmed its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,345 shares of the exchange traded fund’s stock after selling 1,265 shares during the period. Integrated Wealth Concepts LLC’s holdings in iShares Russell 1000 Growth ETF were worth $12,808,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IWF. High Falls Advisors Inc boosted its holdings in shares of iShares Russell 1000 Growth ETF by 2.8% in the 3rd quarter. High Falls Advisors Inc now owns 2,830 shares of the exchange traded fund’s stock valued at $1,326,000 after buying an additional 78 shares in the last quarter. Hilltop Holdings Inc. grew its position in shares of iShares Russell 1000 Growth ETF by 11.1% in the 3rd quarter. Hilltop Holdings Inc. now owns 14,363 shares of the exchange traded fund’s stock worth $6,728,000 after buying an additional 1,435 shares during the last quarter. Gotham Asset Management LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 94.7% during the 3rd quarter. Gotham Asset Management LLC now owns 30,116 shares of the exchange traded fund’s stock worth $14,107,000 after acquiring an additional 14,652 shares in the last quarter. Focus Partners Wealth raised its stake in shares of iShares Russell 1000 Growth ETF by 75.0% during the 3rd quarter. Focus Partners Wealth now owns 1,324,870 shares of the exchange traded fund’s stock worth $620,714,000 after acquiring an additional 568,001 shares in the last quarter. Finally, Ehrenkranz Partners L.P. purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter valued at approximately $3,195,000. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Up 1.2%

Shares of IWF opened at $443.56 on Tuesday. The company has a market cap of $114.08 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a twelve month low of $308.67 and a twelve month high of $493.00. The company has a 50 day moving average of $459.10 and a two-hundred day moving average of $466.21.

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.