Waterway Wealth Management LLC Purchases 97,810 Shares of iShares Russell 1000 Growth ETF $IWF

Waterway Wealth Management LLC raised its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 182.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 151,373 shares of the exchange traded fund’s stock after buying an additional 97,810 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 13.6% of Waterway Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. Waterway Wealth Management LLC owned approximately 0.06% of iShares Russell 1000 Growth ETF worth $70,905,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Concord Wealth Partners grew its position in iShares Russell 1000 Growth ETF by 1,966.7% during the 2nd quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 59 shares during the last quarter. Bell Investment Advisors Inc acquired a new stake in shares of iShares Russell 1000 Growth ETF during the second quarter worth about $32,000. Manning & Napier Advisors LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter worth about $47,000. Flagship Wealth Advisors LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 131.9% during the third quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock worth $51,000 after buying an additional 62 shares during the last quarter. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $53,000. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Up 0.9%

iShares Russell 1000 Growth ETF stock opened at $460.98 on Tuesday. The stock has a 50 day moving average of $471.45 and a two-hundred day moving average of $465.00. iShares Russell 1000 Growth ETF has a twelve month low of $308.67 and a twelve month high of $493.00. The stock has a market capitalization of $118.56 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.