Maxwell Wealth Strategies Inc. Sells 97 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Maxwell Wealth Strategies Inc. lessened its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,543 shares of the exchange traded fund’s stock after selling 97 shares during the period. Maxwell Wealth Strategies Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $1,824,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of IWF. Waddell & Associates LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth about $218,000. Winslow Capital Management LLC lifted its stake in iShares Russell 1000 Growth ETF by 135.2% in the 4th quarter. Winslow Capital Management LLC now owns 41,850 shares of the exchange traded fund’s stock valued at $16,806,000 after acquiring an additional 24,057 shares in the last quarter. Advisory Services Network LLC boosted its position in iShares Russell 1000 Growth ETF by 13.9% during the 4th quarter. Advisory Services Network LLC now owns 16,956 shares of the exchange traded fund’s stock worth $6,809,000 after acquiring an additional 2,064 shares during the last quarter. Bernard Wealth Management Corp. bought a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $190,000. Finally, Sand Hill Global Advisors LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 19.1% in the fourth quarter. Sand Hill Global Advisors LLC now owns 3,428 shares of the exchange traded fund’s stock valued at $1,377,000 after purchasing an additional 550 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Down 1.7 %

Shares of IWF stock opened at $320.42 on Wednesday. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $419.53. The company’s fifty day simple moving average is $382.94 and its 200-day simple moving average is $391.02. The firm has a market cap of $85.04 billion, a PE ratio of 31.13 and a beta of 1.15.

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.