Folger Nolan Fleming Douglas Capital Management Inc. Invests $207,000 in iShares Russell 1000 Growth ETF $IWF

Folger Nolan Fleming Douglas Capital Management Inc. bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 488 shares of the exchange traded fund’s stock, valued at approximately $207,000.

Several other hedge funds have also made changes to their positions in IWF. HighMark Wealth Management LLC raised its holdings in iShares Russell 1000 Growth ETF by 60.5% during the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 26 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC purchased a new position in iShares Russell 1000 Growth ETF during the first quarter worth about $31,000. EQ Wealth Advisors LLC purchased a new position in iShares Russell 1000 Growth ETF during the first quarter worth about $32,000. Hughes Financial Services LLC purchased a new position in iShares Russell 1000 Growth ETF during the first quarter worth about $33,000. Finally, American Capital Advisory LLC raised its holdings in iShares Russell 1000 Growth ETF by 792.3% during the first quarter. American Capital Advisory LLC now owns 116 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 103 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 3.2%

NYSEARCA IWF opened at $459.47 on Friday. The stock has a market capitalization of $119.12 billion, a P/E ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $476.74. The firm has a 50-day moving average price of $455.48 and a 200 day moving average price of $414.73.

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.