Jackson Wealth Management LLC Sells 14,697 Shares of iShares Russell 1000 Growth ETF $IWF

Jackson Wealth Management LLC lowered its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 76.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,588 shares of the exchange traded fund’s stock after selling 14,697 shares during the period. Jackson Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $570,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. MBM Wealth Consultants LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 1st quarter valued at $28,000. Richards Merrill & Peterson Inc. grew its holdings in iShares Russell 1000 Growth ETF by 76.9% in the first quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 30 shares during the period. Motiv8 Investments LLC acquired a new stake in iShares Russell 1000 Growth ETF in the fourth quarter worth $35,000. Garton & Associates Financial Advisors LLC acquired a new stake in iShares Russell 1000 Growth ETF in the fourth quarter worth $38,000. Finally, Sfam LLC bought a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at $52,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock opened at $122.71 on Tuesday. The stock’s 50 day simple moving average is $121.62 and its 200 day simple moving average is $118.50. iShares Russell 1000 Growth ETF has a fifty-two week low of $102.23 and a fifty-two week high of $129.14. The company has a market cap of $125.73 billion, a P/E ratio of 33.43 and a beta of 1.17.

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.