Nolet Wealth Management LLC Buys 26,016 Shares of iShares Russell 1000 Growth ETF $IWF

Nolet Wealth Management LLC raised its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 300.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,688 shares of the exchange traded fund’s stock after acquiring an additional 26,016 shares during the period. iShares Russell 1000 Growth ETF makes up about 2.4% of Nolet Wealth Management LLC’s portfolio, making the stock its 7th biggest holding. Nolet Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $4,307,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of IWF. Principal Securities Inc. increased its position in shares of iShares Russell 1000 Growth ETF by 0.4% in the fourth quarter. Principal Securities Inc. now owns 5,159 shares of the exchange traded fund’s stock worth $2,442,000 after purchasing an additional 22 shares during the period. Marks Group Wealth Management Inc raised its position in shares of iShares Russell 1000 Growth ETF by 2.1% in the 4th quarter. Marks Group Wealth Management Inc now owns 1,123 shares of the exchange traded fund’s stock valued at $532,000 after buying an additional 23 shares in the last quarter. Blankinship & Foster LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% during the 1st quarter. Blankinship & Foster LLC now owns 5,589 shares of the exchange traded fund’s stock worth $2,383,000 after acquiring an additional 24 shares during the period. Rossby Financial LCC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 3.7% during the 4th quarter. Rossby Financial LCC now owns 674 shares of the exchange traded fund’s stock worth $319,000 after acquiring an additional 24 shares during the period. Finally, Cambridge Advisors Inc. boosted its position in shares of iShares Russell 1000 Growth ETF by 0.4% during the 1st quarter. Cambridge Advisors Inc. now owns 6,509 shares of the exchange traded fund’s stock worth $2,775,000 after acquiring an additional 25 shares in the last quarter. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA:IWF opened at $123.60 on Wednesday. The company’s 50 day simple moving average is $121.57 and its 200 day simple moving average is $117.79. The stock has a market capitalization of $126.64 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.14.

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.