Northeast Planning Associates INC. NH Raises Stock Position in iShares Russell 1000 Growth ETF $IWF

Northeast Planning Associates INC. NH grew its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 291.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 23,170 shares of the exchange traded fund’s stock after purchasing an additional 17,251 shares during the period. iShares Russell 1000 Growth ETF accounts for 2.0% of Northeast Planning Associates INC. NH’s portfolio, making the stock its 15th biggest position. Northeast Planning Associates INC. NH’s holdings in iShares Russell 1000 Growth ETF were worth $2,697,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Roxbury Financial LLC raised its stake in iShares Russell 1000 Growth ETF by 300.0% during the 2nd quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 162 shares in the last quarter. MBM Wealth Consultants LLC acquired a new position in iShares Russell 1000 Growth ETF in the first quarter valued at $28,000. Richards Merrill & Peterson Inc. boosted its stake in iShares Russell 1000 Growth ETF by 76.9% in the first quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 30 shares in the last quarter. Byrne Asset Management LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 300.0% during the second quarter. Byrne Asset Management LLC now owns 236 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 177 shares during the last quarter. Finally, Motiv8 Investments LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth about $35,000. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

IWF opened at $123.41 on Friday. The business’s 50-day simple moving average is $121.89 and its 200-day simple moving average is $118.73. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14. The stock has a market capitalization of $126.45 billion, a P/E ratio of 33.43 and a beta of 1.17.

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