Advantage Trust Co Purchases New Stake in iShares Russell 1000 Growth ETF $IWF

Advantage Trust Co purchased a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 200 shares of the exchange traded fund’s stock, valued at approximately $85,000.

Other institutional investors have also added to or reduced their stakes in the company. Concord Wealth Partners boosted its stake in iShares Russell 1000 Growth ETF by 1,966.7% in the 2nd quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 59 shares during the period. HighMark Wealth Management LLC boosted its stake in iShares Russell 1000 Growth ETF by 60.5% in the 2nd quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 26 shares during the period. Mowery & Schoenfeld Wealth Management LLC bought a new stake in iShares Russell 1000 Growth ETF in the 1st quarter valued at $31,000. EQ Wealth Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF in the 1st quarter valued at $32,000. Finally, Hughes Financial Services LLC bought a new stake in iShares Russell 1000 Growth ETF in the 1st quarter valued at $33,000. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $472.67 on Tuesday. The business has a fifty day simple moving average of $458.51 and a 200 day simple moving average of $420.10. The company has a market capitalization of $122.42 billion, a PE ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $476.74.

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.