Kaydan Wealth Management Inc. Increases Position in iShares Russell 1000 Growth ETF $IWF

Kaydan Wealth Management Inc. grew its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 299.8% during the second quarter, HoldingsChannel reports. The institutional investor owned 8,248 shares of the exchange traded fund’s stock after buying an additional 6,185 shares during the period. Kaydan Wealth Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $1,024,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWF. Roxbury Financial LLC grew its position in iShares Russell 1000 Growth ETF by 300.0% in the 2nd quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 162 shares during the last quarter. MBM Wealth Consultants LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the first quarter worth $28,000. Richards Merrill & Peterson Inc. lifted its position in shares of iShares Russell 1000 Growth ETF by 76.9% during the first quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 30 shares during the last quarter. Byrne Asset Management LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 300.0% during the second quarter. Byrne Asset Management LLC now owns 236 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 177 shares during the period. Finally, Motiv8 Investments LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at $35,000. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Down 0.0%

NYSEARCA IWF opened at $123.41 on Friday. The stock has a market cap of $126.45 billion, a PE ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 12 month low of $102.23 and a 12 month high of $129.14. The company’s 50-day moving average price is $121.89 and its 200-day moving average price is $118.73.

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.