Clearstead Trust LLC Purchases 10,149 Shares of iShares Russell 1000 Growth ETF $IWF

Clearstead Trust LLC grew its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 21.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 58,345 shares of the exchange traded fund’s stock after purchasing an additional 10,149 shares during the quarter. iShares Russell 1000 Growth ETF makes up about 4.1% of Clearstead Trust LLC’s portfolio, making the stock its 5th largest position. Clearstead Trust LLC’s holdings in iShares Russell 1000 Growth ETF were worth $24,878,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IWF. Godsey & Gibb Inc. bought a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth $27,000. Concord Wealth Partners boosted its position in iShares Russell 1000 Growth ETF by 210.0% during the fourth quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 42 shares during the last quarter. Reyes Financial Architecture Inc. bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter valued at $30,000. MBM Wealth Consultants LLC bought a new stake in iShares Russell 1000 Growth ETF during the first quarter valued at $28,000. Finally, Networth Advisors LLC acquired a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth about $32,000. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Trading Down 1.9%

IWF stock opened at $121.20 on Friday. The stock has a 50-day moving average price of $123.35 and a 200-day moving average price of $117.51. iShares Russell 1000 Growth ETF has a 1-year low of $102.23 and a 1-year high of $129.14. The firm has a market cap of $125.21 billion, a PE ratio of 33.43 and a beta of 1.16.

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.