iShares Russell 1000 Growth ETF $IWF Shares Bought by Strategic Point Investment Advisors LLC

Strategic Point Investment Advisors LLC lifted its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 307.5% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 400,460 shares of the exchange traded fund’s stock after purchasing an additional 302,195 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 6.5% of Strategic Point Investment Advisors LLC’s holdings, making the stock its 6th largest position. Strategic Point Investment Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $49,725,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Godsey & Gibb Inc. acquired a new stake in iShares Russell 1000 Growth ETF in the fourth quarter worth about $27,000. 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 buying an additional 162 shares in the last quarter. MBM Wealth Consultants LLC acquired a new position in iShares Russell 1000 Growth ETF during the 1st quarter valued at about $28,000. Concord Wealth Partners increased its stake in iShares Russell 1000 Growth ETF by 210.0% during the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 42 shares during the period. Finally, Richards Merrill & Peterson Inc. increased its stake in iShares Russell 1000 Growth ETF by 76.9% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 30 shares during the period. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Up 0.9%

IWF stock opened at $124.60 on Friday. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.14. The company has a market capitalization of $127.67 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. The firm’s 50-day moving average is $121.75 and its two-hundred day moving average is $117.67.

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.