MTM Investment Management LLC Purchases 154 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

MTM Investment Management LLC boosted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 12,319 shares of the exchange traded fund’s stock after acquiring an additional 154 shares during the period. iShares Russell 1000 Growth ETF accounts for approximately 1.7% of MTM Investment Management LLC’s portfolio, making the stock its 12th largest holding. MTM Investment Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $4,482,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWF. Creative Financial Designs Inc. ADV boosted its holdings in shares of iShares Russell 1000 Growth ETF by 1.6% in the first quarter. Creative Financial Designs Inc. ADV now owns 1,831 shares of the exchange traded fund’s stock worth $661,000 after acquiring an additional 29 shares during the period. Laurel Wealth Advisors LLC lifted its holdings in iShares Russell 1000 Growth ETF by 0.8% during the 1st quarter. Laurel Wealth Advisors LLC now owns 4,015 shares of the exchange traded fund’s stock worth $1,450,000 after purchasing an additional 31 shares in the last quarter. Arvest Investments Inc. boosted its stake in iShares Russell 1000 Growth ETF by 3.0% in the 1st quarter. Arvest Investments Inc. now owns 1,097 shares of the exchange traded fund’s stock worth $396,000 after purchasing an additional 32 shares during the period. Vertex Planning Partners LLC grew its holdings in iShares Russell 1000 Growth ETF by 4.5% during the 4th quarter. Vertex Planning Partners LLC now owns 836 shares of the exchange traded fund’s stock valued at $336,000 after buying an additional 36 shares in the last quarter. Finally, CBIZ Investment Advisory Services LLC increased its position in shares of iShares Russell 1000 Growth ETF by 1.2% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 3,103 shares of the exchange traded fund’s stock valued at $1,246,000 after buying an additional 37 shares during the period. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Trading Down 0.3%

Shares of iShares Russell 1000 Growth ETF stock opened at $427.57 on Monday. The company’s 50-day moving average price is $405.22 and its 200-day moving average price is $390.81. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $429.77. The company has a market cap of $112.02 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08.

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.