Modera Wealth Management LLC Sells 6,792 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Modera Wealth Management LLC lessened its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 271,367 shares of the exchange traded fund’s stock after selling 6,792 shares during the period. iShares Russell 1000 Growth ETF accounts for approximately 1.3% of Modera Wealth Management LLC’s holdings, making the stock its 15th biggest position. Modera Wealth Management LLC owned 0.10% of iShares Russell 1000 Growth ETF worth $108,976,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Truvestments Capital LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth about $27,000. Signature Resources Capital Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth about $28,000. Peterson Wealth Services purchased a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth about $35,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth about $46,000. Finally, Capital Performance Advisors LLP purchased a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth about $51,000.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $394.60 on Friday. The stock has a 50-day moving average price of $407.72 and a 200-day moving average price of $390.94. The firm has a market cap of $102.62 billion, a PE ratio of 36.11 and a beta of 1.09. iShares Russell 1000 Growth ETF has a 1 year low of $315.24 and a 1 year 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.