Rehmann Capital Advisory Group Purchases 52,483 Shares of iShares Russell 1000 Growth ETF $IWF

Rehmann Capital Advisory Group boosted its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 300.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 69,976 shares of the exchange traded fund’s stock after acquiring an additional 52,483 shares during the period. Rehmann Capital Advisory Group’s holdings in iShares Russell 1000 Growth ETF were worth $8,689,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IWF. Orgel Wealth Management LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 401.9% in the second quarter. Orgel Wealth Management LLC now owns 14,882 shares of the exchange traded fund’s stock worth $1,848,000 after acquiring an additional 11,917 shares in the last quarter. First Bancorp Inc ME bought a new position in shares of iShares Russell 1000 Growth ETF during the 2nd quarter valued at about $1,565,000. Compass Financial Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter valued at approximately $598,000. Trust Co. of Vermont bought a new stake in iShares Russell 1000 Growth ETF during the 2nd quarter worth approximately $1,129,000. Finally, S&CO Inc. acquired a new stake in iShares Russell 1000 Growth ETF during the 2nd quarter worth approximately $760,000. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $122.71 on Tuesday. The firm has a market cap of $125.73 billion, a P/E ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month high of $129.14. The firm’s 50 day moving average price is $121.62 and its two-hundred day moving average price is $118.50.

About iShares Russell 1000 Growth ETF

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.