Elevation Point Wealth Partners LLC Boosts Position in iShares Russell 1000 Growth ETF $IWF

Elevation Point Wealth Partners LLC raised its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 671.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,701 shares of the exchange traded fund’s stock after buying an additional 28,462 shares during the period. Elevation Point Wealth Partners LLC’s holdings in iShares Russell 1000 Growth ETF were worth $13,943,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Godsey & Gibb Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at $27,000. Concord Wealth Partners lifted its holdings in shares of iShares Russell 1000 Growth ETF by 210.0% during the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 42 shares in the last quarter. Reyes Financial Architecture Inc. purchased a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth $30,000. MBM Wealth Consultants LLC purchased a new stake in iShares Russell 1000 Growth ETF during the 1st quarter worth $28,000. Finally, Networth Advisors LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at $32,000. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Down 1.5%

Shares of NYSEARCA IWF opened at $121.16 on Friday. The stock has a fifty day moving average price of $122.88 and a 200 day moving average price of $117.23. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.14. The company has a market cap of $125.62 billion, a P/E ratio of 33.43 and a beta of 1.16.

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.