Elevation Wealth Partners LLC Buys 21,587 Shares of iShares Russell 1000 Growth ETF $IWF

Elevation Wealth Partners LLC raised its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 300.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 28,760 shares of the exchange traded fund’s stock after purchasing an additional 21,587 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 1.1% of Elevation Wealth Partners LLC’s investment portfolio, making the stock its 23rd largest holding. Elevation Wealth Partners LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,571,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IWF. Revolve Wealth Partners LLC grew its holdings in iShares Russell 1000 Growth ETF by 2.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock worth $2,589,000 after acquiring an additional 153 shares during the period. Bison Wealth LLC grew its stake in iShares Russell 1000 Growth ETF by 20.5% during the fourth quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock worth $9,195,000 after purchasing an additional 3,888 shares during the period. Schnieders Capital Management LLC. increased its holdings in iShares Russell 1000 Growth ETF by 24.9% in the second quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock worth $1,806,000 after purchasing an additional 849 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in iShares Russell 1000 Growth ETF by 55.5% in the second quarter. Russell Investments Group Ltd. now owns 3,378 shares of the exchange traded fund’s stock worth $1,434,000 after purchasing an additional 1,205 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in iShares Russell 1000 Growth ETF by 70.3% in the second quarter. First Trust Advisors LP now owns 1,960 shares of the exchange traded fund’s stock valued at $832,000 after buying an additional 809 shares during the period. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 0.3%

Shares of IWF stock opened at $123.50 on Friday. The company has a market cap of $126.54 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.14. The firm has a 50 day moving average of $121.82 and a 200-day moving average of $117.62.

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.