Diversify Wealth Management LLC Increases Stock Position in iShares Russell 1000 Growth ETF $IWF

Diversify Wealth Management LLC lifted its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 298.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 69,642 shares of the exchange traded fund’s stock after purchasing an additional 52,142 shares during the period. Diversify Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $29,695,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IWF. Principal Securities Inc. grew its position in iShares Russell 1000 Growth ETF by 0.4% in the 4th quarter. Principal Securities Inc. now owns 5,159 shares of the exchange traded fund’s stock worth $2,442,000 after purchasing an additional 22 shares in the last quarter. Jamison Private Wealth Management Inc. lifted its position in shares of iShares Russell 1000 Growth ETF by 1.1% during the 4th quarter. Jamison Private Wealth Management Inc. now owns 2,078 shares of the exchange traded fund’s stock worth $983,000 after buying an additional 23 shares in the last quarter. Marks Group Wealth Management Inc boosted its stake in shares of iShares Russell 1000 Growth ETF by 2.1% in the 4th quarter. Marks Group Wealth Management Inc now owns 1,123 shares of the exchange traded fund’s stock worth $532,000 after buying an additional 23 shares during the last quarter. Blankinship & Foster LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 0.4% in the 1st quarter. Blankinship & Foster LLC now owns 5,589 shares of the exchange traded fund’s stock worth $2,383,000 after buying an additional 24 shares during the last quarter. Finally, Rossby Financial LCC grew its holdings 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 acquiring an additional 24 shares in the last quarter. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Up 0.5%

Shares of IWF stock traded up $0.65 during trading on Friday, hitting $123.95. The company’s stock had a trading volume of 2,580,609 shares, compared to its average volume of 9,297,511. The company has a market cap of $127.92 billion, a PE ratio of 33.43 and a beta of 1.16. The business has a fifty day moving average of $123.25 and a 200-day moving average of $117.46. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.14.

iShares Russell 1000 Growth ETF Company 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.