Nwam LLC Has $29.25 Million Stock Holdings in iShares Russell 1000 Growth ETF $IWF

Nwam LLC raised its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 102.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 62,414 shares of the exchange traded fund’s stock after purchasing an additional 31,546 shares during the period. iShares Russell 1000 Growth ETF accounts for approximately 2.1% of Nwam LLC’s holdings, making the stock its 8th biggest holding. Nwam LLC’s holdings in iShares Russell 1000 Growth ETF were worth $29,245,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Endowment Wealth Management Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF during the 2nd quarter worth approximately $210,000. First Horizon Corp bought a new position in shares of iShares Russell 1000 Growth ETF in the third quarter valued at $39,629,000. Advyzon Investment Management LLC acquired a new position in iShares Russell 1000 Growth ETF during the second quarter worth $615,000. Permanent Capital Management LP bought a new stake in iShares Russell 1000 Growth ETF during the third quarter worth $4,100,000. Finally, CWM LLC raised its position in 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 worth $35,608,000 after acquiring an additional 4,735 shares in the last quarter. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF opened at $470.67 on Friday. The firm has a 50-day moving average of $473.51 and a 200-day moving average of $460.39. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $493.00. The company has a market cap of $123.34 billion, a PE ratio of 33.43 and a beta of 1.13.

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.