Baxter Bros Inc. Makes New $214,000 Investment in iShares Russell 1000 Growth ETF $IWF

Baxter Bros Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 505 shares of the exchange traded fund’s stock, valued at approximately $214,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWF. ACT Wealth Management LLC grew its stake in iShares Russell 1000 Growth ETF by 3.0% during the second quarter. ACT Wealth Management LLC now owns 820 shares of the exchange traded fund’s stock worth $348,000 after buying an additional 24 shares in the last quarter. HighMark Wealth Management LLC grew its stake in iShares Russell 1000 Growth ETF by 60.5% during the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 26 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in iShares Russell 1000 Growth ETF by 1.6% during the first quarter. Creative Financial Designs Inc. ADV now owns 1,831 shares of the exchange traded fund’s stock worth $661,000 after buying an additional 29 shares in the last quarter. Midwest Professional Planners LTD. grew its stake in iShares Russell 1000 Growth ETF by 0.4% during the first quarter. Midwest Professional Planners LTD. now owns 6,809 shares of the exchange traded fund’s stock worth $2,458,000 after buying an additional 30 shares in the last quarter. Finally, Laurel Wealth Advisors LLC grew its stake in iShares Russell 1000 Growth ETF by 0.8% during the first quarter. Laurel Wealth Advisors LLC now owns 4,015 shares of the exchange traded fund’s stock worth $1,450,000 after buying an additional 31 shares in the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 1.0%

IWF opened at $474.96 on Thursday. The company’s 50 day moving average is $454.24 and its 200-day moving average is $413.51. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $474.99. The company has a market cap of $123.13 billion, a P/E ratio of 33.43 and a beta of 1.08.

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.