Integrated Capital Management Inc. Has $2.70 Million Stake in iShares Russell 1000 Growth ETF $IWF

Integrated Capital Management Inc. raised its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 321.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,772 shares of the exchange traded fund’s stock after acquiring an additional 16,607 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 1.9% of Integrated Capital Management Inc.’s investment portfolio, making the stock its 16th largest position. Integrated Capital Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $2,703,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Godsey & Gibb Inc. bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at approximately $27,000. Roxbury Financial LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 300.0% during the second quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 162 shares in the last quarter. MBM Wealth Consultants LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the 1st quarter valued at $28,000. Concord Wealth Partners boosted its holdings in shares of iShares Russell 1000 Growth ETF by 210.0% during the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 42 shares in the last quarter. Finally, Richards Merrill & Peterson Inc. grew its position in iShares Russell 1000 Growth ETF by 76.9% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 30 shares during the last quarter. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Down 0.3%

NYSEARCA:IWF opened at $123.89 on Thursday. The stock’s 50-day moving average is $121.89 and its 200-day moving average is $117.58. iShares Russell 1000 Growth ETF has a 1-year low of $102.23 and a 1-year high of $129.14. The stock has a market cap of $126.94 billion, a P/E 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.