iShares Russell 1000 Growth Index (IWF) Shares Bought by Sheets Smith Wealth Management

Sheets Smith Wealth Management lifted its holdings in iShares Russell 1000 Growth Index (NYSEARCA:IWF) by 2.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 104,212 shares of the exchange traded fund’s stock after purchasing an additional 2,714 shares during the period. iShares Russell 1000 Growth Index accounts for about 3.3% of Sheets Smith Wealth Management’s investment portfolio, making the stock its biggest holding. Sheets Smith Wealth Management’s holdings in iShares Russell 1000 Growth Index were worth $14,035,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Goldman Sachs Group Inc. lifted its stake in shares of iShares Russell 1000 Growth Index by 6.0% in the 2nd quarter. Goldman Sachs Group Inc. now owns 8,761,515 shares of the exchange traded fund’s stock valued at $1,042,796,000 after purchasing an additional 495,824 shares during the last quarter. TIAA FSB lifted its position in iShares Russell 1000 Growth Index by 4.4% during the 3rd quarter. TIAA FSB now owns 6,153,121 shares of the exchange traded fund’s stock worth $769,509,000 after acquiring an additional 260,017 shares during the last quarter. M&T Bank Corp lifted its position in iShares Russell 1000 Growth Index by 9.1% during the 2nd quarter. M&T Bank Corp now owns 4,275,462 shares of the exchange traded fund’s stock worth $508,867,000 after acquiring an additional 357,731 shares during the last quarter. BlackRock Inc. lifted its position in iShares Russell 1000 Growth Index by 17.7% during the 2nd quarter. BlackRock Inc. now owns 2,659,400 shares of the exchange traded fund’s stock worth $316,522,000 after acquiring an additional 400,403 shares during the last quarter. Finally, Synovus Financial Corp lifted its position in iShares Russell 1000 Growth Index by 3.8% during the 3rd quarter. Synovus Financial Corp now owns 2,585,088 shares of the exchange traded fund’s stock worth $323,312,000 after acquiring an additional 93,762 shares during the last quarter.

iShares Russell 1000 Growth Index (NYSEARCA IWF) traded up $0.94 during trading on Friday, reaching $141.21. 3,632,350 shares of the company’s stock were exchanged, compared to its average volume of 2,112,844. The firm has a market cap of $42,090.00 and a price-to-earnings ratio of 17.83. iShares Russell 1000 Growth Index has a 52-week low of $107.12 and a 52-week high of $141.33.

The company also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Friday, December 22nd were given a dividend of $0.3567 per share. This represents a $1.43 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date was Thursday, December 21st. iShares Russell 1000 Growth Index’s dividend payout ratio is 18.69%.

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iShares Russell 1000 Growth Index 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.

Institutional Ownership by Quarter for iShares Russell 1000 Growth Index (NYSEARCA:IWF)

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