Endowment Wealth Management Inc. Invests $210,000 in iShares Russell 1000 Growth ETF $IWF

Endowment Wealth Management Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 494 shares of the exchange traded fund’s stock, valued at approximately $210,000.

Several other institutional investors and hedge funds also recently made changes to their positions in IWF. Revolve Wealth Partners LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 2.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock worth $2,589,000 after acquiring an additional 153 shares during the period. Bison Wealth LLC lifted its holdings in 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 worth $9,195,000 after purchasing an additional 3,888 shares in the last quarter. GAMMA Investing LLC lifted its holdings in iShares Russell 1000 Growth ETF by 2.9% during the 1st quarter. GAMMA Investing LLC now owns 9,737 shares of the exchange traded fund’s stock worth $3,516,000 after purchasing an additional 272 shares in the last quarter. NorthCrest Asset Manangement LLC lifted its holdings in iShares Russell 1000 Growth ETF by 1.7% during the 1st quarter. NorthCrest Asset Manangement LLC now owns 2,915 shares of the exchange traded fund’s stock worth $1,053,000 after purchasing an additional 48 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in iShares Russell 1000 Growth ETF by 1.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 410,733 shares of the exchange traded fund’s stock worth $148,311,000 after purchasing an additional 6,064 shares in the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $459.47 on Monday. The stock’s 50-day simple moving average is $455.48 and its 200 day simple moving average is $415.34. The stock has a market capitalization of $118.98 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $476.74.

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.