Compass Financial Management LLC Invests $598,000 in iShares Russell 1000 Growth ETF $IWF

Compass Financial Management LLC bought a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,767 shares of the exchange traded fund’s stock, valued at approximately $598,000.

A number of other large investors have also added to or reduced their stakes in IWF. Stairway Partners LLC lifted its holdings in iShares Russell 1000 Growth ETF by 294.0% in the 2nd quarter. Stairway Partners LLC now owns 1,579,113 shares of the exchange traded fund’s stock worth $196,078,000 after buying an additional 1,178,345 shares in the last quarter. 71 West Capital Partners acquired a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at about $385,150,000. OpenArc Corporate Advisory LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth about $376,761,000. Dynasty Wealth Management LLC increased its position in shares of iShares Russell 1000 Growth ETF by 1,752.6% during the fourth quarter. Dynasty Wealth Management LLC now owns 657,578 shares of the exchange traded fund’s stock worth $311,232,000 after acquiring an additional 622,083 shares during the last quarter. Finally, Fifth Third Bancorp lifted its stake in shares of iShares Russell 1000 Growth ETF by 153.2% in the first quarter. Fifth Third Bancorp now owns 983,920 shares of the exchange traded fund’s stock worth $419,544,000 after acquiring an additional 595,395 shares in the last quarter. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $122.39 on Monday. The company has a market capitalization of $125.40 billion, a P/E ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14. The stock has a 50-day moving average price of $121.69 and a 200 day moving average price of $118.15.

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.