Lam Group Inc. Acquires 5,775 Shares of iShares Russell 1000 Growth ETF $IWF

Lam Group Inc. raised its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 300.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,700 shares of the exchange traded fund’s stock after acquiring an additional 5,775 shares during the period. Lam Group Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $956,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of IWF. Godsey & Gibb Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth about $27,000. Concord Wealth Partners raised its stake 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 valued at $29,000 after purchasing an additional 42 shares in the last quarter. Reyes Financial Architecture Inc. bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $30,000. MBM Wealth Consultants LLC bought a new stake in iShares Russell 1000 Growth ETF during the first quarter valued at approximately $28,000. Finally, Richards Merrill & Peterson Inc. lifted its position in 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 purchasing an additional 30 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $123.60 on Wednesday. The firm has a 50 day simple moving average of $121.57 and a two-hundred day simple moving average of $117.79. The stock has a market cap of $126.64 billion, a PE ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14.

iShares Russell 1000 Growth ETF 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.