Midwest Trust Co Raises Stock Position in iShares Russell 1000 Growth ETF $IWF

Midwest Trust Co boosted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 120,362 shares of the exchange traded fund’s stock after acquiring an additional 4,361 shares during the quarter. Midwest Trust Co’s holdings in iShares Russell 1000 Growth ETF were worth $51,322,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Godsey & Gibb Inc. purchased a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at $27,000. Concord Wealth Partners boosted its stake in shares of iShares Russell 1000 Growth ETF by 210.0% during the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 42 shares in the last quarter. Reyes Financial Architecture Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth about $30,000. MBM Wealth Consultants LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 1st quarter valued at about $28,000. Finally, Networth Advisors LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at about $32,000. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock traded up $0.65 on Friday, hitting $123.95. The company’s stock had a trading volume of 2,580,609 shares, compared to its average volume of 9,297,511. The company has a market capitalization of $127.92 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. 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 fifty day moving average price of $123.25 and a 200-day moving average price of $117.46.

iShares Russell 1000 Growth ETF Company 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.