Nolet Wealth Management LLC Invests $4.10 Million in iShares Russell 1000 Growth ETF $IWF

Nolet Wealth Management LLC acquired a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWFFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 8,672 shares of the exchange traded fund’s stock, valued at approximately $4,104,000. iShares Russell 1000 Growth ETF comprises 2.3% of Nolet Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. KCM Investment Advisors LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 0.5% in the 3rd quarter. KCM Investment Advisors LLC now owns 4,104 shares of the exchange traded fund’s stock worth $1,922,000 after buying an additional 22 shares during the last quarter. Principal Securities Inc. lifted its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% during the 4th quarter. Principal Securities Inc. now owns 5,159 shares of the exchange traded fund’s stock worth $2,442,000 after acquiring an additional 22 shares during the last quarter. Jamison Private Wealth Management Inc. lifted its holdings in shares of iShares Russell 1000 Growth ETF by 1.1% during the 4th quarter. Jamison Private Wealth Management Inc. now owns 2,078 shares of the exchange traded fund’s stock worth $983,000 after acquiring an additional 23 shares during the last quarter. Marks Group Wealth Management Inc grew its position in iShares Russell 1000 Growth ETF by 2.1% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,123 shares of the exchange traded fund’s stock worth $532,000 after acquiring an additional 23 shares in the last quarter. Finally, Rossby Financial LCC grew its position in iShares Russell 1000 Growth ETF by 3.7% in the fourth quarter. Rossby Financial LCC now owns 674 shares of the exchange traded fund’s stock worth $319,000 after acquiring an additional 24 shares in the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Up 1.3%

IWF opened at $123.19 on Friday. The business’s fifty day simple moving average is $121.68 and its 200 day simple moving average is $117.10. iShares Russell 1000 Growth ETF has a 52 week low of $100.47 and a 52 week high of $129.14. The stock has a market cap of $128.66 billion, a PE ratio of 33.43 and a beta of 1.16.

iShares Russell 1000 Growth ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

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