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

BKM Wealth Management LLC increased its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 16.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,707 shares of the exchange traded fund’s stock after buying an additional 247 shares during the period. BKM Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $725,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Concord Wealth Partners boosted its holdings in iShares Russell 1000 Growth ETF by 1,966.7% in the second quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 59 shares in the last quarter. HighMark Wealth Management LLC boosted its holdings in iShares Russell 1000 Growth ETF by 60.5% in the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 26 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC acquired a new position in iShares Russell 1000 Growth ETF in the first quarter valued at approximately $31,000. EQ Wealth Advisors LLC acquired a new position in iShares Russell 1000 Growth ETF in the first quarter valued at approximately $32,000. Finally, Hughes Financial Services LLC acquired a new position in iShares Russell 1000 Growth ETF in the first quarter valued at approximately $33,000. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Up 0.5%

Shares of IWF opened at $467.12 on Friday. The stock has a 50 day moving average price of $457.96 and a 200 day moving average price of $418.56. The company has a market capitalization of $120.98 billion, a price-to-earnings 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.

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.