Welch & Forbes LLC Purchases 525 Shares of iShares Russell 1000 Growth ETF $IWF

Welch & Forbes LLC boosted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 10.3% during the 2nd quarter, Holdings Channel reports. The fund owned 5,615 shares of the exchange traded fund’s stock after buying an additional 525 shares during the period. Welch & Forbes LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,384,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. American Institute for Advanced Investment Management LLP raised its stake in shares of iShares Russell 1000 Growth ETF by 0.8% in the second quarter. American Institute for Advanced Investment Management LLP now owns 27,005 shares of the exchange traded fund’s stock worth $11,466,000 after purchasing an additional 210 shares during the last quarter. Kesler Norman & Wride LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the second quarter worth approximately $880,000. Summit Investment Advisory Services LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 2,181.6% in the second quarter. Summit Investment Advisory Services LLC now owns 19,918 shares of the exchange traded fund’s stock worth $8,457,000 after purchasing an additional 19,045 shares during the last quarter. Everest Management Corp. purchased a new stake in shares of iShares Russell 1000 Growth ETF in the second quarter worth approximately $474,000. Finally, Bridgewealth Advisory Group LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the second quarter worth approximately $224,000. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Up 0.3%

Shares of iShares Russell 1000 Growth ETF stock opened at $485.58 on Monday. The company has a market cap of $125.72 billion, a PE ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 52 week low of $308.67 and a 52 week high of $493.00. The business has a 50 day moving average price of $464.75 and a 200-day moving average price of $429.43.

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.