New England Professional Planning Group Inc. boosted its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 278.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,720 shares of the exchange traded fund’s stock after purchasing an additional 4,210 shares during the quarter. iShares Russell 1000 Growth ETF comprises about 0.3% of New England Professional Planning Group Inc.’s holdings, making the stock its 16th biggest position. New England Professional Planning Group Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $710,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently bought and sold shares of IWF. Allworth Financial LP boosted its holdings in iShares Russell 1000 Growth ETF by 20.6% in the second quarter. Allworth Financial LP now owns 316,475 shares of the exchange traded fund’s stock worth $39,297,000 after acquiring an additional 54,007 shares in the last quarter. Waverly Advisors LLC raised its position in shares of iShares Russell 1000 Growth ETF by 585.1% during the second quarter. Waverly Advisors LLC now owns 1,393,291 shares of the exchange traded fund’s stock worth $173,005,000 after purchasing an additional 1,189,910 shares during the period. Parkside Financial Bank & Trust lifted its holdings in shares of iShares Russell 1000 Growth ETF by 289.6% in the 2nd quarter. Parkside Financial Bank & Trust now owns 296,339 shares of the exchange traded fund’s stock worth $36,796,000 after purchasing an additional 220,282 shares in the last quarter. MLG Wealth Management DBA Pine Grove Financial Group grew its position in iShares Russell 1000 Growth ETF by 305.3% in the 2nd quarter. MLG Wealth Management DBA Pine Grove Financial Group now owns 10,077 shares of the exchange traded fund’s stock valued at $1,252,000 after purchasing an additional 7,591 shares during the period. Finally, Kinetic Wealth Investment Advisors LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 2nd quarter valued at $230,000. 75.33% of the stock is owned by institutional investors.
iShares Russell 1000 Growth ETF Stock Down 0.3%
IWF stock traded down $0.39 during midday trading on Tuesday, reaching $123.02. 3,068,450 shares of the company’s stock traded hands, compared to its average volume of 8,009,393. The firm’s fifty day moving average price is $121.89 and its 200-day moving average price is $118.93. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.14. The company has a market cap of $126.05 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17.
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.
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