FMA Wealth Management LLC Has $13.81 Million Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

FMA Wealth Management LLC decreased its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.4% in the fourth quarter, Holdings Channel reports. The firm owned 34,394 shares of the exchange traded fund’s stock after selling 834 shares during the quarter. iShares Russell 1000 Growth ETF accounts for about 10.3% of FMA Wealth Management LLC’s portfolio, making the stock its biggest position. FMA Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $13,812,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of IWF. Smith Salley Wealth Management grew its holdings in shares of iShares Russell 1000 Growth ETF by 14.3% in the fourth quarter. Smith Salley Wealth Management now owns 3,256 shares of the exchange traded fund’s stock worth $1,307,000 after acquiring an additional 407 shares during the period. J.W. Cole Advisors Inc. grew its holdings in shares of iShares Russell 1000 Growth ETF by 0.5% in the fourth quarter. J.W. Cole Advisors Inc. now owns 21,078 shares of the exchange traded fund’s stock worth $8,465,000 after acquiring an additional 111 shares during the period. Affiance Financial LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 4.6% in the fourth quarter. Affiance Financial LLC now owns 30,035 shares of the exchange traded fund’s stock worth $12,061,000 after acquiring an additional 1,322 shares during the period. Clientfirst Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth $11,350,000. Finally, Realta Investment Advisors bought a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth $1,095,000.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF opened at $416.48 on Thursday. iShares Russell 1000 Growth ETF has a one year low of $315.24 and a one year high of $419.53. The firm has a market capitalization of $110.18 billion, a P/E ratio of 35.64 and a beta of 1.20. The business has a fifty day moving average of $409.31 and a 200 day moving average of $388.10.

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.