Midwest Trust Co Buys New Stake in iShares Russell 1000 Growth ETF $IWF

Midwest Trust Co purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 112,027 shares of the exchange traded fund’s stock, valued at approximately $47,564,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Concord Wealth Partners boosted its stake in shares of iShares Russell 1000 Growth ETF by 1,966.7% in the second quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 59 shares during the last quarter. HighMark Wealth Management LLC lifted its holdings in iShares Russell 1000 Growth ETF by 60.5% in the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 26 shares during the period. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 1st quarter worth approximately $31,000. Hughes Financial Services LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 1st quarter worth approximately $33,000. Finally, First Community Trust NA grew its stake in shares of iShares Russell 1000 Growth ETF by 525.0% during the 2nd quarter. First Community Trust NA now owns 125 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 105 shares during the period. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $471.43 on Friday. The firm has a fifty day moving average price of $467.84 and a 200 day moving average price of $433.66. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $493.00. The stock has a market cap of $122.41 billion, a P/E ratio of 33.43 and a beta of 1.13.

iShares Russell 1000 Growth ETF Profile

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.