Partnership Wealth Management LLC Grows Stock Position in iShares Russell 1000 Growth ETF $IWF

Partnership Wealth Management LLC raised its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 284.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,647 shares of the exchange traded fund’s stock after purchasing an additional 18,972 shares during the period. iShares Russell 1000 Growth ETF makes up approximately 2.2% of Partnership Wealth Management LLC’s holdings, making the stock its 7th largest holding. Partnership Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,185,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IWF. Godsey & Gibb Inc. bought a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at about $27,000. Roxbury Financial LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 300.0% during the 2nd quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 162 shares in the last quarter. MBM Wealth Consultants LLC bought a new stake in iShares Russell 1000 Growth ETF in the 1st quarter worth approximately $28,000. Concord Wealth Partners boosted its stake in iShares Russell 1000 Growth ETF by 210.0% in the fourth quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 42 shares in the last quarter. Finally, Richards Merrill & Peterson Inc. boosted its stake in iShares Russell 1000 Growth ETF by 76.9% in the first quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 30 shares in the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA IWF opened at $123.60 on Wednesday. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14. The firm’s 50 day simple moving average is $121.57 and its two-hundred day simple moving average is $117.79. The stock has a market capitalization of $126.64 billion, a P/E ratio of 33.43 and a beta of 1.17.

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