The iShares Russell 1000 Growth ETF is an exchange-traded fund that gives investors exposure to large U.S. companies. These are companies whose earnings are expected to grow at an above-average rate compared to the market. On April 29, 2026, IWF executed a 1-for-4 reverse stock split.
A reverse stock split reduces the number of a company's outstanding shares and increases the price per share. In a 1-for-4 split, an investor receives one new share for every four they previously held. The total value of the investment remains the same, but the price of each share becomes four times higher.
Leading up to the split, some large investors adjusted their holdings. As highlighted by Defense World, Comerica Bank trimmed its position in IWF by 1.7%. The bank sold 10,150 shares, leaving it with 604,730 shares valued at approximately $286.20 million. This holding represents 1.1% of the bank's portfolio.
However, other institutions increased their investment in the ETF. Confluence Wealth Services Inc. boosted its holdings by 3.3%, acquiring 9,752 shares. This brought its total position to 301,211 shares worth about $142.56 million. Aprio Wealth Management LLC also grew its stake by 69.6%, adding 4,917 shares.
Other firms, including Breakwater Capital Group and First Horizon Corp (NYSE:FHN), also bought into IWF. The ETF is currently trading at $118.52 per share. Over the last 52 weeks, its price has ranged from a high of $493.00 to a low of $118.31, with a market capitalization of around $134.26 billion.
