iShares Russell 1000 Growth ETF (NYSEARCA:IWF) is Avidian Wealth Solutions LLC’s 7th Largest Position

Avidian Wealth Solutions LLC trimmed its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 7.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 139,137 shares of the exchange traded fund’s stock after selling 11,280 shares during the period. iShares Russell 1000 Growth ETF accounts for 2.6% of Avidian Wealth Solutions LLC’s investment portfolio, making the stock its 7th biggest holding. Avidian Wealth Solutions LLC owned 0.05% of iShares Russell 1000 Growth ETF worth $42,182,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. BluePath Capital Management LLC bought a new stake in iShares Russell 1000 Growth ETF in the third quarter worth approximately $27,000. Cranbrook Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at about $30,000. Planned Solutions Inc. bought a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at approximately $34,000. Sound Income Strategies LLC lifted its holdings in iShares Russell 1000 Growth ETF by 772.2% in the 4th quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 139 shares during the last quarter. Finally, Mendota Financial Group LLC bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $57,000.

iShares Russell 1000 Growth ETF Stock Up 1.8 %

Shares of NYSEARCA:IWF traded up $5.86 during trading on Friday, reaching $331.50. The stock had a trading volume of 751,943 shares, compared to its average volume of 1,378,412. The stock has a fifty day simple moving average of $331.11 and a two-hundred day simple moving average of $309.51. iShares Russell 1000 Growth ETF has a 52 week low of $241.41 and a 52 week high of $340.83. The firm has a market capitalization of $87.70 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20.

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.