Independent Financial Group LLC Purchases New Stake in iShares Russell 1000 Growth ETF $IWF

Independent Financial Group LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 6,897 shares of the exchange traded fund’s stock, valued at approximately $2,941,000.

Several other institutional investors have also recently bought and sold shares of IWF. Prosperity Consulting Group LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 23.2% in the 1st quarter. Prosperity Consulting Group LLC now owns 23,152 shares of the exchange traded fund’s stock worth $9,872,000 after acquiring an additional 4,353 shares during the last quarter. Frazier Financial Advisors LLC acquired a new position in iShares Russell 1000 Growth ETF during the 1st quarter valued at about $105,000. BCGM Wealth Management LLC boosted its stake in iShares Russell 1000 Growth ETF by 2.9% during the 1st quarter. BCGM Wealth Management LLC now owns 28,280 shares of the exchange traded fund’s stock valued at $12,059,000 after purchasing an additional 807 shares during the last quarter. Evergreen Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF during the 1st quarter worth approximately $115,000. Finally, D.A. Davidson & CO. increased its holdings in iShares Russell 1000 Growth ETF by 4.5% during the 1st quarter. D.A. Davidson & CO. now owns 378,467 shares of the exchange traded fund’s stock worth $161,378,000 after purchasing an additional 16,461 shares in the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 1.5%

Shares of iShares Russell 1000 Growth ETF stock opened at $119.38 on Friday. The company has a market cap of $123.33 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.14. The business has a 50 day moving average price of $123.27 and a 200-day moving average price of $117.53.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.