iShares Russell 1000 Growth ETF $IWF Shares Purchased by Nolet Wealth Management LLC

Nolet Wealth Management LLC raised its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 300.0% in the second quarter, Holdings Channel reports. The fund owned 34,688 shares of the exchange traded fund’s stock after purchasing an additional 26,016 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 2.4% of Nolet Wealth Management LLC’s investment portfolio, making the stock its 7th largest holding. Nolet Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $4,307,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Arlington Trust Co LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 671.9% in the 2nd quarter. Arlington Trust Co LLC now owns 6,268 shares of the exchange traded fund’s stock valued at $778,000 after acquiring an additional 5,456 shares during the last quarter. Breakwater Capital Group grew its position in iShares Russell 1000 Growth ETF by 302.1% during the 2nd quarter. Breakwater Capital Group now owns 189,130 shares of the exchange traded fund’s stock worth $23,484,000 after acquiring an additional 142,091 shares during the last quarter. Tenzing Financial LLC acquired a new position in iShares Russell 1000 Growth ETF in the 2nd quarter worth about $594,000. Farther Finance Advisors LLC raised its position in iShares Russell 1000 Growth ETF by 59.3% in the fourth quarter. Farther Finance Advisors LLC now owns 46,216 shares of the exchange traded fund’s stock valued at $21,874,000 after purchasing an additional 17,212 shares during the last quarter. Finally, AMI Asset Management Corp raised its position in iShares Russell 1000 Growth ETF by 542.6% in the fourth quarter. AMI Asset Management Corp now owns 71,879 shares of the exchange traded fund’s stock valued at $34,020,000 after purchasing an additional 60,693 shares during the last quarter. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Down 0.5%

Shares of IWF stock opened at $123.60 on Wednesday. The firm has a market capitalization of $126.64 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. The business’s 50-day moving average price is $121.57 and its 200-day moving average price is $117.79. iShares Russell 1000 Growth ETF has a 12 month low of $102.23 and a 12 month high of $129.14.

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.