Pacific Capital Wealth Advisors Inc. Decreases Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Pacific Capital Wealth Advisors Inc. decreased its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.7% in the 4th quarter, HoldingsChannel reports. The fund owned 7,618 shares of the exchange traded fund’s stock after selling 215 shares during the quarter. iShares Russell 1000 Growth ETF comprises about 0.5% of Pacific Capital Wealth Advisors Inc.’s investment portfolio, making the stock its 24th biggest holding. Pacific Capital Wealth Advisors Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $3,059,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC purchased a new position in iShares Russell 1000 Growth ETF in the second quarter valued at about $200,000. Millennium Management LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 100.1% in the 2nd quarter. Millennium Management LLC now owns 31,681 shares of the exchange traded fund’s stock worth $11,548,000 after acquiring an additional 15,845 shares during the period. Ascent Group LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 543.1% in the 2nd quarter. Ascent Group LLC now owns 5,717 shares of the exchange traded fund’s stock worth $2,084,000 after acquiring an additional 4,828 shares during the period. Magnolia Capital Advisors LLC purchased a new position in iShares Russell 1000 Growth ETF in the 2nd quarter valued at approximately $669,000. Finally, Nemes Rush Group LLC raised its holdings in iShares Russell 1000 Growth ETF by 188.2% during the second 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 during the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

IWF opened at $403.65 on Tuesday. The company has a market cap of $106.79 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a one year low of $310.51 and a one year high of $419.53. The business’s fifty day moving average is $405.51 and its two-hundred day moving average is $381.96.

About iShares Russell 1000 Growth ETF

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.