iShares Russell 1000 Growth ETF $IWF Stock Position Boosted by Lowery Thomas LLC

Lowery Thomas LLC boosted its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 264.3% during the second quarter, Holdings Channel reports. The institutional investor owned 50,685 shares of the exchange traded fund’s stock after buying an additional 36,771 shares during the period. iShares Russell 1000 Growth ETF makes up 3.0% of Lowery Thomas LLC’s portfolio, making the stock its 10th biggest holding. Lowery Thomas LLC’s holdings in iShares Russell 1000 Growth ETF were worth $6,294,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in IWF. Roxbury Financial LLC increased its stake in shares of 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 valued at $27,000 after acquiring an additional 162 shares during the last quarter. MBM Wealth Consultants LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 1st quarter worth about $28,000. Richards Merrill & Peterson Inc. boosted its position in shares of 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 worth $29,000 after acquiring an additional 30 shares during the last quarter. Byrne Asset Management LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 300.0% in the second quarter. Byrne Asset Management LLC now owns 236 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 177 shares during the last quarter. Finally, Motiv8 Investments LLC purchased a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $35,000. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Performance

iShares Russell 1000 Growth ETF stock opened at $121.81 on Thursday. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.14. The firm has a 50 day moving average price of $121.69 and a 200 day moving average price of $118.62. The company has a market cap of $124.81 billion, a price-to-earnings 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.