Friday Financial Boosts Holdings in iShares Russell 1000 Growth ETF $IWF

Friday Financial increased its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 346.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,180 shares of the exchange traded fund’s stock after purchasing an additional 28,851 shares during the period. iShares Russell 1000 Growth ETF makes up approximately 1.2% of Friday Financial’s holdings, making the stock its 17th biggest position. Friday Financial’s holdings in iShares Russell 1000 Growth ETF were worth $4,512,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Godsey & Gibb Inc. bought a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth approximately $27,000. Roxbury Financial LLC increased its position in shares of iShares Russell 1000 Growth ETF by 300.0% during the second 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 in the last quarter. 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 raised its holdings 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 acquiring an additional 42 shares during the last quarter. Finally, Richards Merrill & Peterson Inc. lifted its position in iShares Russell 1000 Growth ETF by 76.9% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 30 shares in the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock opened at $124.60 on Monday. The stock’s 50 day simple moving average is $121.75 and its 200 day simple moving average is $117.67. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.14. The stock has a market capitalization of $127.67 billion, a PE ratio of 33.43 and a beta of 1.17.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.