Paulson Wealth Management Inc. Purchases 2,324 Shares of iShares Russell 1000 Growth ETF $IWF

Paulson Wealth Management Inc. increased its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 141,890 shares of the exchange traded fund’s stock after purchasing an additional 2,324 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 15.6% of Paulson Wealth Management Inc.’s investment portfolio, making the stock its largest holding. Paulson Wealth Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $60,243,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Savant Capital LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 12.1% during the second quarter. Savant Capital LLC now owns 120,325 shares of the exchange traded fund’s stock worth $51,087,000 after purchasing an additional 13,020 shares during the last quarter. Texas Yale Capital Corp. grew its position in iShares Russell 1000 Growth ETF by 22.1% during the 2nd quarter. Texas Yale Capital Corp. now owns 2,208 shares of the exchange traded fund’s stock worth $937,000 after purchasing an additional 400 shares during the period. Headland Capital LLC acquired a new stake in iShares Russell 1000 Growth ETF during the 2nd quarter worth about $513,000. Modera Wealth Management LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 0.7% during the 2nd quarter. Modera Wealth Management LLC now owns 268,453 shares of the exchange traded fund’s stock valued at $113,980,000 after buying an additional 1,910 shares during the last quarter. Finally, Washington Trust Bank lifted its holdings in shares of iShares Russell 1000 Growth ETF by 271.8% in the 2nd quarter. Washington Trust Bank now owns 2,677 shares of the exchange traded fund’s stock valued at $1,137,000 after buying an additional 1,957 shares during the period. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 1.6%

Shares of IWF opened at $472.17 on Friday. The company has a market capitalization of $122.60 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 52 week low of $308.67 and a 52 week high of $493.00. The stock’s 50-day moving average price is $467.32 and its 200-day moving average price is $432.05.

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.