Family Capital Management Inc. Decreases Stock Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Family Capital Management Inc. lowered its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 20.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,644 shares of the exchange traded fund’s stock after selling 2,736 shares during the period. iShares Russell 1000 Growth ETF comprises 2.3% of Family Capital Management Inc.’s portfolio, making the stock its 13th largest holding. Family Capital Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $3,227,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Federated Hermes Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at about $232,000. Archer Investment Corp raised its position in shares of iShares Russell 1000 Growth ETF by 2.5% in the fourth quarter. Archer Investment Corp now owns 5,511 shares of the exchange traded fund’s stock valued at $1,671,000 after buying an additional 136 shares during the last quarter. DecisionPoint Financial LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $392,000. Beam Wealth Advisors Inc. raised its position in shares of iShares Russell 1000 Growth ETF by 1.1% in the fourth quarter. Beam Wealth Advisors Inc. now owns 19,112 shares of the exchange traded fund’s stock valued at $5,794,000 after buying an additional 206 shares during the last quarter. Finally, Sfmg LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $204,000.

iShares Russell 1000 Growth ETF Stock Down 0.5 %

Shares of NYSEARCA:IWF traded down $1.76 during trading on Thursday, reaching $322.48. The stock had a trading volume of 2,827,128 shares, compared to its average volume of 1,424,372. The business has a fifty day moving average price of $331.75 and a 200-day moving average price of $305.35. The stock has a market cap of $85.44 billion, a P/E ratio of 36.72 and a beta of 1.20. iShares Russell 1000 Growth ETF has a fifty-two week low of $239.23 and a fifty-two week high of $340.83.

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.