iShares Russell 1000 Growth ETF $IWF is Finley Financial LLC’s 8th Largest Position

Finley Financial LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 293.8% in the 2nd quarter, Holdings Channel.com reports. The fund owned 118,480 shares of the exchange traded fund’s stock after buying an additional 88,395 shares during the quarter. iShares Russell 1000 Growth ETF makes up about 5.9% of Finley Financial LLC’s holdings, making the stock its 8th biggest holding. Finley Financial LLC’s holdings in iShares Russell 1000 Growth ETF were worth $14,712,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWF. Godsey & Gibb Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth $27,000. Concord Wealth Partners increased its position in shares of iShares Russell 1000 Growth ETF by 210.0% during the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 42 shares during the last quarter. Reyes Financial Architecture Inc. purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $30,000. MBM Wealth Consultants LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 1st quarter valued at about $28,000. Finally, Networth Advisors LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $32,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF opened at $123.50 on Friday. The firm’s 50-day moving average is $121.82 and its two-hundred day moving average is $117.62. iShares Russell 1000 Growth ETF has a 12 month low of $102.23 and a 12 month high of $129.14. The stock has a market capitalization of $126.54 billion, a P/E ratio of 33.43 and a beta of 1.17.

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