Schulz Wealth LTD. Invests $547,000 in iShares Russell 1000 Growth ETF $IWF

Schulz Wealth LTD. bought a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,404 shares of the exchange traded fund’s stock, valued at approximately $547,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Revolve Wealth Partners LLC boosted its position in iShares Russell 1000 Growth ETF by 2.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock worth $2,589,000 after purchasing an additional 153 shares during the last quarter. Bison Wealth LLC increased its position in shares of iShares Russell 1000 Growth ETF by 20.5% during the 4th quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock valued at $9,195,000 after purchasing an additional 3,888 shares during the last quarter. Schnieders Capital Management LLC. raised its stake in shares of iShares Russell 1000 Growth ETF by 24.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock worth $1,806,000 after purchasing an additional 849 shares during the period. Russell Investments Group Ltd. raised its stake in shares of iShares Russell 1000 Growth ETF by 55.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,378 shares of the exchange traded fund’s stock worth $1,434,000 after purchasing an additional 1,205 shares during the period. Finally, First Trust Advisors LP raised its stake in shares of iShares Russell 1000 Growth ETF by 70.3% during the 2nd quarter. First Trust Advisors LP now owns 1,960 shares of the exchange traded fund’s stock worth $832,000 after purchasing an additional 809 shares during the period. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA:IWF opened at $123.41 on Monday. The company has a market capitalization of $126.45 billion, a P/E ratio of 33.43 and a beta of 1.17. The company’s 50-day moving average is $121.89 and its 200 day moving average is $118.78. iShares Russell 1000 Growth ETF has a fifty-two week low of $102.23 and a fifty-two week high of $129.14.

About iShares Russell 1000 Growth ETF

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.