iShares Russell 1000 Growth ETF (NYSEARCA:IWF) is Confluence Wealth Services Inc.’s 3rd Largest Position

Confluence Wealth Services Inc. trimmed its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 253,197 shares of the exchange traded fund’s stock after selling 1,381 shares during the period. iShares Russell 1000 Growth ETF comprises about 6.9% of Confluence Wealth Services Inc.’s portfolio, making the stock its 3rd biggest position. Confluence Wealth Services Inc. owned 0.10% of iShares Russell 1000 Growth ETF worth $105,649,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IWF. Truvestments Capital LLC purchased a new position in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $27,000. Signature Resources Capital Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at $28,000. ORG Wealth Partners LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter valued at $31,000. Capital Performance Advisors LLP acquired a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter worth $51,000. Finally, Sawyer & Company Inc acquired a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter worth $53,000.

iShares Russell 1000 Growth ETF Stock Performance

iShares Russell 1000 Growth ETF stock opened at $410.31 on Wednesday. The stock has a 50-day simple moving average of $407.62 and a 200-day simple moving average of $383.81. The company has a market capitalization of $108.55 billion, a P/E ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a fifty-two week low of $315.24 and a fifty-two week high of $419.53.

iShares Russell 1000 Growth ETF Company 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.