Invested Advisors Makes New Investment in iShares Russell 1000 Growth ETF $IWF

Invested Advisors purchased a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,174 shares of the exchange traded fund’s stock, valued at approximately $1,487,000. iShares Russell 1000 Growth ETF comprises approximately 2.0% of Invested Advisors’ holdings, making the stock its 9th biggest position.

A number of other large investors have also recently added to or reduced their stakes in IWF. Steigerwald Gordon & Koch Inc. purchased a new position in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $53,000. Kingswood Wealth Advisors LLC raised its position in shares of iShares Russell 1000 Growth ETF by 83.1% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 10,564 shares of the exchange traded fund’s stock worth $4,948,000 after buying an additional 4,794 shares during the period. Atwater Malick LLC purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter worth approximately $207,000. Birch Hill Investment Advisors LLC purchased a new position in iShares Russell 1000 Growth ETF in the third quarter valued at about $213,000. Finally, Independent Solutions Wealth Management LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 5.6% during the 3rd quarter. Independent Solutions Wealth Management LLC now owns 4,223 shares of the exchange traded fund’s stock valued at $1,978,000 after buying an additional 224 shares during the period. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock opened at $473.28 on Friday. The firm has a fifty day moving average of $474.21 and a two-hundred day moving average of $458.37. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $493.00. The firm has a market cap of $125.63 billion, a P/E ratio of 33.43 and a beta of 1.13.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.