Reston Wealth Management LLC Lowers Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Reston Wealth Management LLC cut its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 5.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,288 shares of the exchange traded fund’s stock after selling 128 shares during the period. iShares Russell 1000 Growth ETF accounts for 0.3% of Reston Wealth Management LLC’s holdings, making the stock its 21st biggest holding. Reston Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $919,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Smith Salley Wealth Management increased its stake in iShares Russell 1000 Growth ETF by 14.3% in the 4th 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 last quarter. Affiance Financial LLC increased its stake in iShares Russell 1000 Growth ETF by 4.6% in the 4th 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 last quarter. Independent Advisor Alliance increased its stake in iShares Russell 1000 Growth ETF by 8.4% in the 3rd quarter. Independent Advisor Alliance now owns 1,125 shares of the exchange traded fund’s stock worth $422,000 after acquiring an additional 87 shares during the last quarter. AA Financial Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $278,000. Finally, Barnett & Company Inc. increased its stake in iShares Russell 1000 Growth ETF by 1.6% in the 3rd quarter. Barnett & Company Inc. now owns 1,822 shares of the exchange traded fund’s stock worth $684,000 after acquiring an additional 29 shares during the last quarter.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA:IWF opened at $409.56 on Thursday. iShares Russell 1000 Growth ETF has a 1 year low of $310.51 and a 1 year high of $419.53. The stock’s 50 day simple moving average is $406.18 and its two-hundred day simple moving average is $382.42. The company has a market cap of $108.35 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20.

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.