MW Advisory LLC Acquires New Position in iShares Russell 1000 Growth ETF $IWF

MW Advisory LLC bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 12,710 shares of the exchange traded fund’s stock, valued at approximately $1,578,000.

A number of other hedge funds also recently added to or reduced their stakes in IWF. Stairway Partners LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 294.0% in the second quarter. Stairway Partners LLC now owns 1,579,113 shares of the exchange traded fund’s stock worth $196,078,000 after acquiring an additional 1,178,345 shares in the last quarter. 71 West Capital Partners acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at $385,150,000. OpenArc Corporate Advisory LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at $376,761,000. Dynasty Wealth Management LLC boosted its holdings in iShares Russell 1000 Growth ETF by 1,752.6% in the fourth quarter. Dynasty Wealth Management LLC now owns 657,578 shares of the exchange traded fund’s stock valued at $311,232,000 after purchasing an additional 622,083 shares during the period. Finally, Fifth Third Bancorp boosted its holdings in iShares Russell 1000 Growth ETF by 153.2% in the first quarter. Fifth Third Bancorp now owns 983,920 shares of the exchange traded fund’s stock valued at $419,544,000 after purchasing an additional 595,395 shares during the period. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $123.41 on Friday. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.14. The stock has a market capitalization of $126.45 billion, a PE ratio of 33.43 and a beta of 1.17. The stock has a 50-day simple moving average of $121.89 and a 200-day simple moving average of $118.73.

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.