RMR Wealth Builders Reduces Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

RMR Wealth Builders lessened its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 107,204 shares of the exchange traded fund’s stock after selling 1,800 shares during the period. iShares Russell 1000 Growth ETF comprises about 4.5% of RMR Wealth Builders’ portfolio, making the stock its 5th largest holding. RMR Wealth Builders’ holdings in iShares Russell 1000 Growth ETF were worth $43,051,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of IWF. Truvestments Capital LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the third quarter valued at approximately $27,000. ORG Wealth Partners LLC bought a new position in iShares Russell 1000 Growth ETF during the third quarter worth about $31,000. Nemes Rush Group LLC raised its stake in iShares Russell 1000 Growth ETF by 188.2% in the 2nd quarter. Nemes Rush Group LLC now owns 98 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 64 shares in the last quarter. HHM Wealth Advisors LLC boosted its holdings in iShares Russell 1000 Growth ETF by 46.8% in the 2nd quarter. HHM Wealth Advisors LLC now owns 113 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 36 shares during the period. Finally, Kimelman & Baird LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the 2nd quarter worth approximately $47,000.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF traded down $6.23 during midday trading on Friday, reaching $398.15. The company’s stock had a trading volume of 1,380,475 shares, compared to its average volume of 1,639,341. The company has a market cap of $105.33 billion, a P/E ratio of 35.64 and a beta of 1.20. The business’s 50 day moving average price is $402.10 and its two-hundred day moving average price is $379.15. iShares Russell 1000 Growth ETF has a fifty-two week low of $301.21 and a fifty-two week high of $419.53.

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.