Merit Financial Group LLC Purchases 602 Shares of iShares Russell 1000 Growth ETF $IWF

Merit Financial Group LLC boosted its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.6% in the 2nd quarter, Holdings Channel.com reports. The fund owned 17,245 shares of the exchange traded fund’s stock after purchasing an additional 602 shares during the period. Merit Financial Group LLC’s holdings in iShares Russell 1000 Growth ETF were worth $7,322,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IWF. Toth Financial Advisory Corp raised its position in shares of iShares Russell 1000 Growth ETF by 329.4% in the first quarter. Toth Financial Advisory Corp now owns 73 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 56 shares in the last quarter. HighMark Wealth Management LLC increased its stake in iShares Russell 1000 Growth ETF by 60.5% in the 2nd quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 26 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC bought a new position in iShares Russell 1000 Growth ETF in the 1st quarter worth about $31,000. EQ Wealth Advisors LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 1st quarter valued at about $32,000. Finally, Hughes Financial Services LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the 1st quarter valued at about $33,000. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Down 0.4%

Shares of NYSEARCA IWF opened at $469.94 on Monday. The business has a 50-day moving average of $452.30 and a 200-day moving average of $411.97. The firm has a market capitalization of $122.47 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $473.82.

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.