Redhawk Wealth Advisors Inc. Raises Stake in iShares Russell 1000 Growth ETF $IWF

Redhawk Wealth Advisors Inc. increased its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 262.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,483 shares of the exchange traded fund’s stock after acquiring an additional 22,068 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $3,785,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Godsey & Gibb Inc. bought a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $27,000. Concord Wealth Partners boosted its position in shares of iShares Russell 1000 Growth ETF by 210.0% in the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 42 shares in the last quarter. Reyes Financial Architecture Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth approximately $30,000. MBM Wealth Consultants LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 1st quarter worth approximately $28,000. Finally, Richards Merrill & Peterson Inc. increased its position in iShares Russell 1000 Growth ETF by 76.9% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 30 shares in the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 0.3%

Shares of NYSEARCA:IWF opened at $124.17 on Tuesday. The stock has a fifty day simple moving average of $121.66 and a two-hundred day simple moving average of $117.73. The stock has a market capitalization of $127.22 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.14.

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.