Friday Financial Buys 28,851 Shares of iShares Russell 1000 Growth ETF $IWF

Friday Financial grew its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 346.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 37,180 shares of the exchange traded fund’s stock after acquiring an additional 28,851 shares during the quarter. iShares Russell 1000 Growth ETF comprises about 1.2% of Friday Financial’s investment portfolio, making the stock its 17th biggest holding. Friday Financial’s holdings in iShares Russell 1000 Growth ETF were worth $4,512,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Godsey & Gibb Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $27,000. Concord Wealth Partners grew its position 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 purchasing an additional 42 shares during the period. Reyes Financial Architecture Inc. purchased a new stake in iShares Russell 1000 Growth ETF during the 4th quarter valued at $30,000. MBM Wealth Consultants LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the 1st quarter valued at $28,000. Finally, Richards Merrill & Peterson Inc. boosted its stake in shares of 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 worth $29,000 after buying an additional 30 shares during the last quarter. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF opened at $124.60 on Monday. The firm has a market capitalization of $127.67 billion, a P/E ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14. The business has a fifty day moving average of $121.75 and a 200 day moving average of $117.67.

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.