The iShares Russell 1000 Growth ETF (IWF) experienced an approximate $524 million outflow this week, marking a 0.8% decrease in shares outstanding—from 256.1 million to 254.1 million. This notable drop highlights a significant shift in investor sentiment. Notable underlying holdings, including Broadcom Inc (AVGO), Costco Wholesale Corp (COST), and PayPal Holdings Inc (PYPL), are reflecting minor declines, with AVGO down about 0.8% and COST down 0.1% as of today.
IWF’s current trading price stands at $262.29, which is significantly between its 52-week low of $226.77 and high of $311.95. The ETF’s performance will be closely monitored as fluctuations in shares outstanding may impact its underlying components.
