Stonehearth Capital Management LLC Raises Stake in iShares Russell 1000 Growth ETF $IWF

Stonehearth Capital Management LLC raised its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 272.7% during the second quarter, HoldingsChannel reports. The firm owned 6,753 shares of the exchange traded fund’s stock after buying an additional 4,941 shares during the period. Stonehearth Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $839,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in IWF. Principal Securities Inc. grew its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% during the fourth quarter. Principal Securities Inc. now owns 5,159 shares of the exchange traded fund’s stock worth $2,442,000 after buying an additional 22 shares during the last quarter. Marks Group Wealth Management Inc raised its stake in iShares Russell 1000 Growth ETF by 2.1% during the 4th quarter. Marks Group Wealth Management Inc now owns 1,123 shares of the exchange traded fund’s stock valued at $532,000 after acquiring an additional 23 shares during the last quarter. Blankinship & Foster LLC raised its stake in iShares Russell 1000 Growth ETF by 0.4% during the 1st quarter. Blankinship & Foster LLC now owns 5,589 shares of the exchange traded fund’s stock valued at $2,383,000 after acquiring an additional 24 shares during the last quarter. Rossby Financial LCC lifted its position in iShares Russell 1000 Growth ETF by 3.7% during the 4th quarter. Rossby Financial LCC now owns 674 shares of the exchange traded fund’s stock worth $319,000 after acquiring an additional 24 shares during the period. Finally, Cambridge Advisors Inc. lifted its position in iShares Russell 1000 Growth ETF by 0.4% during the 1st quarter. Cambridge Advisors Inc. now owns 6,509 shares of the exchange traded fund’s stock worth $2,775,000 after acquiring an additional 25 shares during the period. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Down 0.3%

Shares of IWF stock opened at $123.50 on Friday. The business’s 50 day moving average is $121.82 and its two-hundred day moving average is $117.62. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month high of $129.14. The company has a market capitalization of $126.54 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.