Beacon Financial Advisory LLC Boosts Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Beacon Financial Advisory LLC grew its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 10.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,112 shares of the exchange traded fund’s stock after buying an additional 482 shares during the quarter. Beacon Financial Advisory LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,846,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWF. Toth Financial Advisory Corp boosted its position in iShares Russell 1000 Growth ETF by 329.4% in the first quarter. Toth Financial Advisory Corp now owns 73 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 56 shares during the last quarter. Runnymede Capital Advisors Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth $27,000. EQ Wealth Advisors LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 1st quarter worth about $32,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth about $46,000. Finally, one8zero8 LLC bought a new position in iShares Russell 1000 Growth ETF during the fourth quarter valued at about $47,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA IWF opened at $419.32 on Friday. The company has a market capitalization of $110.37 billion, a PE ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $421.15. The company has a 50-day simple moving average of $390.29 and a 200 day simple moving average of $390.12.

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.