SMI Advisory Services LLC Acquires 4,813 Shares of iShares Russell 1000 Growth ETF $IWF

SMI Advisory Services LLC boosted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 295.1% in the second quarter, Holdings Channel reports. The institutional investor owned 6,444 shares of the exchange traded fund’s stock after acquiring an additional 4,813 shares during the period. SMI Advisory Services LLC’s holdings in iShares Russell 1000 Growth ETF were worth $793,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Godsey & Gibb Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth $27,000. Roxbury Financial LLC grew its stake in iShares Russell 1000 Growth ETF by 300.0% in the second quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 162 shares during the last quarter. MBM Wealth Consultants LLC bought a new position in iShares Russell 1000 Growth ETF in the first quarter worth about $28,000. Concord Wealth Partners raised its holdings in iShares Russell 1000 Growth ETF by 210.0% in the fourth 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. Finally, Richards Merrill & Peterson Inc. lifted its position in shares of iShares Russell 1000 Growth ETF by 76.9% during the first 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 during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock opened at $124.17 on Tuesday. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14. The firm has a market cap of $127.22 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. The firm has a 50-day simple moving average of $121.66 and a two-hundred day simple moving average of $117.73.

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.