MOR Wealth Management LLC lifted its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 13.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 53,443 shares of the exchange traded fund’s stock after buying an additional 6,421 shares during the period. iShares Russell 1000 Growth ETF makes up approximately 10.5% of MOR Wealth Management LLC’s portfolio, making the stock its 2nd biggest holding. MOR Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $22,788,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Godsey & Gibb Inc. purchased a new stake in iShares Russell 1000 Growth ETF during the 4th quarter valued at about $27,000. MBM Wealth Consultants LLC purchased a new position in iShares Russell 1000 Growth ETF in the 1st quarter worth approximately $28,000. Concord Wealth Partners increased its stake in iShares Russell 1000 Growth ETF by 210.0% in the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 42 shares during the period. Richards Merrill & Peterson Inc. lifted its position in iShares Russell 1000 Growth ETF by 76.9% in the first 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. Finally, Reyes Financial Architecture Inc. bought a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $30,000. Institutional investors own 75.33% of the company’s stock.
iShares Russell 1000 Growth ETF Stock Performance
NYSEARCA:IWF opened at $121.16 on Friday. The firm has a market cap of $125.62 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a fifty-two week low of $102.23 and a fifty-two week high of $129.14. The business has a 50 day moving average price of $122.88 and a 200-day moving average price of $117.23.
iShares Russell 1000 Growth ETF Company 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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.
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Want to see what other hedge funds are holding IWF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report).
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