AAF Wealth Management LLC Raises Position in iShares Russell 1000 Growth ETF $IWF

AAF Wealth Management LLC raised its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 20.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,569 shares of the exchange traded fund’s stock after acquiring an additional 601 shares during the period. iShares Russell 1000 Growth ETF makes up 0.7% of AAF Wealth Management LLC’s investment portfolio, making the stock its 16th largest position. AAF Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,515,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Endowment Wealth Management Inc. purchased a new stake in iShares Russell 1000 Growth ETF during the 2nd quarter valued at about $210,000. PGIM Custom Harvest LLC increased its stake in iShares Russell 1000 Growth ETF by 27.3% in the 1st quarter. PGIM Custom Harvest LLC now owns 5,428 shares of the exchange traded fund’s stock worth $1,960,000 after purchasing an additional 1,165 shares during the period. Partnership Wealth Management LLC lifted its position in iShares Russell 1000 Growth ETF by 5.4% in the second quarter. Partnership Wealth Management LLC now owns 18,058 shares of the exchange traded fund’s stock valued at $7,667,000 after purchasing an additional 922 shares during the last quarter. Obermeyer Wealth Partners lifted its position in iShares Russell 1000 Growth ETF by 27.0% in the first quarter. Obermeyer Wealth Partners now owns 3,565 shares of the exchange traded fund’s stock valued at $1,287,000 after purchasing an additional 759 shares during the last quarter. Finally, CWM LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 6.0% during the second quarter. CWM LLC now owns 83,867 shares of the exchange traded fund’s stock valued at $35,608,000 after purchasing an additional 4,735 shares during the period. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $485.58 on Monday. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $493.00. The company’s 50 day moving average price is $464.75 and its 200-day moving average price is $429.43. The stock has a market capitalization of $125.72 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13.

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.