iShares Russell 1000 Growth ETF $IWF Shares Purchased by Waterway Wealth Management LLC

Waterway Wealth Management LLC grew its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 13.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 176,594 shares of the exchange traded fund’s stock after purchasing an additional 21,238 shares during the quarter. iShares Russell 1000 Growth ETF accounts for 13.8% of Waterway Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest position. Waterway Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $75,300,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the stock. KCM Investment Advisors LLC boosted its holdings in iShares Russell 1000 Growth ETF by 0.5% in the 3rd quarter. KCM Investment Advisors LLC now owns 4,104 shares of the exchange traded fund’s stock worth $1,922,000 after acquiring an additional 22 shares during the period. Principal Securities Inc. raised its stake in shares of iShares Russell 1000 Growth ETF by 0.4% during the fourth quarter. Principal Securities Inc. now owns 5,159 shares of the exchange traded fund’s stock valued at $2,442,000 after purchasing an additional 22 shares during the period. Jamison Private Wealth Management Inc. lifted its position in shares of iShares Russell 1000 Growth ETF by 1.1% during the fourth quarter. Jamison Private Wealth Management Inc. now owns 2,078 shares of the exchange traded fund’s stock worth $983,000 after purchasing an additional 23 shares in the last quarter. Marks Group Wealth Management Inc lifted its position in shares of iShares Russell 1000 Growth ETF by 2.1% during the fourth quarter. Marks Group Wealth Management Inc now owns 1,123 shares of the exchange traded fund’s stock worth $532,000 after purchasing an additional 23 shares in the last quarter. Finally, Rossby Financial LCC boosted its stake in shares of iShares Russell 1000 Growth ETF by 3.7% in the fourth quarter. Rossby Financial LCC now owns 674 shares of the exchange traded fund’s stock valued at $319,000 after purchasing an additional 24 shares during the period. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock opened at $118.10 on Friday. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.14. The company has a market capitalization of $123.34 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. The firm’s fifty day moving average price is $122.49 and its 200 day moving average price is $117.14.

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.