Thrive Wealth Management LLC Purchases 16,615 Shares of iShares Russell 1000 Growth ETF $IWF

Thrive Wealth Management LLC grew its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 458.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,236 shares of the exchange traded fund’s stock after buying an additional 16,615 shares during the quarter. Thrive Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,513,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in IWF. Stairway Partners LLC raised its holdings 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 valued at $196,078,000 after acquiring an additional 1,178,345 shares in the last quarter. 71 West Capital Partners purchased a new position in iShares Russell 1000 Growth ETF during the 4th quarter valued at about $385,150,000. OpenArc Corporate Advisory LLC purchased a new position in iShares Russell 1000 Growth ETF during the 4th quarter valued at about $376,761,000. Dynasty Wealth Management LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 1,752.6% in the 4th 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 in the last quarter. Finally, Fifth Third Bancorp raised its holdings in shares of iShares Russell 1000 Growth ETF by 153.2% in the 1st 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 in the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $123.89 on Thursday. The company has a 50 day moving average price of $121.89 and a 200-day moving average price of $117.58. iShares Russell 1000 Growth ETF has a fifty-two week low of $102.23 and a fifty-two week high of $129.14. The stock has a market capitalization of $126.94 billion, a PE 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.