iShares Russell 1000 Growth ETF $IWF Shares Acquired by MCF Advisors LLC

MCF Advisors LLC increased its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 286.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 145,499 shares of the exchange traded fund’s stock after buying an additional 107,828 shares during the period. MCF Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $18,067,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. MBM Wealth Consultants LLC purchased a new position in iShares Russell 1000 Growth ETF in the first quarter worth approximately $28,000. Richards Merrill & Peterson Inc. increased its position in shares of iShares Russell 1000 Growth ETF by 76.9% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 30 shares during the last quarter. Motiv8 Investments LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at approximately $35,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at $38,000. Finally, Sfam LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at $52,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 0.5%

iShares Russell 1000 Growth ETF stock opened at $122.46 on Thursday. The company has a fifty day simple moving average of $121.88 and a 200-day simple moving average of $119.00. The stock has a market cap of $125.47 billion, a P/E ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.14.

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.