TPG Financial Advisors LLC Has $5.82 Million Stock Holdings in iShares Russell 1000 Growth ETF $IWF

TPG Financial Advisors LLC trimmed its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 31.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 12,295 shares of the exchange traded fund’s stock after selling 5,689 shares during the quarter. iShares Russell 1000 Growth ETF makes up about 1.9% of TPG Financial Advisors LLC’s investment portfolio, making the stock its 21st biggest holding. TPG Financial Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $5,819,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Breakwater Capital Group grew its holdings in iShares Russell 1000 Growth ETF by 3.0% during the 3rd quarter. Breakwater Capital Group now owns 38,154 shares of the exchange traded fund’s stock worth $17,872,000 after acquiring an additional 1,095 shares during the period. Dynasty Wealth Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth $16,626,000. Bright Futures Wealth Management LLC. bought a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth $532,000. 1ST Source Bank grew its stake in shares of iShares Russell 1000 Growth ETF by 0.8% during the third quarter. 1ST Source Bank now owns 568,098 shares of the exchange traded fund’s stock worth $266,103,000 after purchasing an additional 4,486 shares during the period. Finally, Fifth Third Wealth Advisors LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 3.3% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 67,884 shares of the exchange traded fund’s stock worth $32,130,000 after purchasing an additional 2,139 shares during the period. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Down 0.8%

NYSEARCA:IWF opened at $123.07 on Wednesday. iShares Russell 1000 Growth ETF has a 1-year low of $97.07 and a 1-year high of $126.04. The business’s 50-day moving average price is $114.62 and its two-hundred day moving average price is $116.14. The firm has a market capitalization of $128.53 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16.

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