Arcadia Wealth Management LLC Has $10.69 Million Stake in iShares Russell 1000 Growth ETF $IWF

Arcadia Wealth Management LLC increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,184 shares of the exchange traded fund’s stock after acquiring an additional 785 shares during the period. iShares Russell 1000 Growth ETF makes up approximately 4.7% of Arcadia Wealth Management LLC’s investment portfolio, making the stock its 5th biggest position. Arcadia Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $10,693,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in IWF. Toth Financial Advisory Corp boosted its holdings in shares of iShares Russell 1000 Growth ETF by 329.4% in the first quarter. Toth Financial Advisory Corp now owns 73 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 56 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC bought a new stake in iShares Russell 1000 Growth ETF during the first quarter worth approximately $31,000. EQ Wealth Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF during the first quarter worth approximately $32,000. Hughes Financial Services LLC bought a new stake in iShares Russell 1000 Growth ETF during the first quarter worth approximately $33,000. Finally, American Capital Advisory LLC boosted its holdings in iShares Russell 1000 Growth ETF by 792.3% during the first quarter. American Capital Advisory LLC now owns 116 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 103 shares in the last quarter. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA:IWF opened at $468.41 on Wednesday. The stock has a market capitalization of $122.42 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $473.01. The company has a 50 day moving average price of $450.33 and a 200 day moving average price of $409.51.

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.