iShares Russell 1000 Growth ETF $IWF Shares Purchased by Nvest Financial LLC

Nvest Financial LLC increased its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 292.3% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 160,871 shares of the exchange traded fund’s stock after purchasing an additional 119,865 shares during the quarter. iShares Russell 1000 Growth ETF comprises about 6.3% of Nvest Financial LLC’s investment portfolio, making the stock its biggest holding. Nvest Financial LLC’s holdings in iShares Russell 1000 Growth ETF were worth $19,975,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in IWF. Roxbury Financial LLC grew its holdings in iShares Russell 1000 Growth ETF by 300.0% in the 2nd quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 162 shares during the period. MBM Wealth Consultants LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 1st quarter worth about $28,000. Richards Merrill & Peterson Inc. boosted its position in shares of iShares Russell 1000 Growth ETF by 76.9% in the first quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 30 shares during the last quarter. Byrne Asset Management LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 300.0% in the second quarter. Byrne Asset Management LLC now owns 236 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 177 shares during the last quarter. Finally, Motiv8 Investments LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth approximately $35,000. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $123.41 on Friday. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14. The company has a 50 day moving average price of $121.89 and a 200 day moving average price of $118.73. The firm has a market capitalization of $126.45 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17.

About iShares Russell 1000 Growth ETF

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.