Manchester Capital Management LLC Makes New $1.70 Million Investment in iShares Russell 1000 Growth ETF $IWF

Manchester Capital Management LLC acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 13,554 shares of the exchange traded fund’s stock, valued at approximately $1,698,000.

A number of other institutional investors have also recently modified their holdings of IWF. Roxbury Financial LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 300.0% during the 2nd quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 162 shares in the last quarter. MBM Wealth Consultants LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the first quarter worth $28,000. Byrne Asset Management LLC increased its position in shares of iShares Russell 1000 Growth ETF by 300.0% in the second quarter. Byrne Asset Management LLC now owns 236 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 177 shares during the period. Godsey & Gibb Inc. acquired a new position in iShares Russell 1000 Growth ETF in the third quarter valued at about $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares Russell 1000 Growth ETF by 159.6% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 296 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 182 shares in the last quarter. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Down 0.4%

IWF opened at $119.61 on Friday. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month high of $129.80. The company has a 50-day simple moving average of $123.84 and a 200 day simple moving average of $122.16. The stock has a market capitalization of $122.59 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16.

About iShares Russell 1000 Growth ETF

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.