November 10, 2019 at 7:27 pm

Towerpoint Wealth LLC Decreases Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

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Towerpoint Wealth LLC cut its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 20,232 shares of the exchange traded fund’s stock after selling 660 shares during the quarter. iShares Russell 1000 Growth ETF makes up about 2.2% of Towerpoint Wealth LLC’s investment portfolio, making the stock its 17th largest position. Towerpoint Wealth LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,230,000 as of its most recent SEC filing.

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Other institutional investors have also added to or reduced their stakes in the company. 1 North Wealth Services LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth about $29,000. Willingdon Wealth Management boosted its position in shares of iShares Russell 1000 Growth ETF by 106.0% in the 3rd quarter. Willingdon Wealth Management now owns 206 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 106 shares in the last quarter. Titan Capital Management LLC CA purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 2nd quarter worth about $33,000. Quad Cities Investment Group LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 2nd quarter worth about $40,000. Finally, HM Payson & Co. purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 2nd quarter worth about $46,000.

NYSEARCA:IWF traded up $0.66 on Friday, reaching $166.52. The stock had a trading volume of 881,247 shares, compared to its average volume of 1,543,620. The firm’s fifty day moving average is $161.38 and its two-hundred day moving average is $158.68. iShares Russell 1000 Growth ETF has a 12-month low of $121.71 and a 12-month high of $166.74.

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.

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Want to see what other hedge funds are holding IWF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Growth ETF (NYSEARCA:IWF).

Institutional Ownership by Quarter for iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

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