iShares Russell 1000 Growth ETF $IWF Shares Purchased by Salomon & Ludwin LLC

Salomon & Ludwin LLC boosted its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 6.1% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 5,720 shares of the exchange traded fund’s stock after purchasing an additional 331 shares during the period. Salomon & Ludwin LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,423,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Concord Wealth Partners increased its holdings in iShares Russell 1000 Growth ETF by 1,966.7% in the 2nd quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 59 shares during the last quarter. HighMark Wealth Management LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 60.5% in the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 26 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the first quarter worth $31,000. EQ Wealth Advisors LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the first quarter worth $32,000. Finally, Hughes Financial Services LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the first quarter worth $33,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Up 0.5%

NYSEARCA:IWF opened at $467.12 on Friday. The company has a fifty day simple moving average of $457.96 and a two-hundred day simple moving average of $418.56. The company has a market cap of $120.98 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 52 week low of $308.67 and a 52 week high of $476.74.

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.