Navigation Wealth Management Inc. Invests $315,000 in iShares Russell 1000 Growth ETF $IWF

Navigation Wealth Management Inc. bought a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 741 shares of the exchange traded fund’s stock, valued at approximately $315,000. iShares Russell 1000 Growth ETF makes up approximately 0.5% of Navigation Wealth Management Inc.’s holdings, making the stock its 16th largest holding.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. boosted its position in iShares Russell 1000 Growth ETF by 0.7% during the first quarter. Goldman Sachs Group Inc. now owns 9,688,217 shares of the exchange traded fund’s stock worth $3,498,319,000 after acquiring an additional 68,243 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of iShares Russell 1000 Growth ETF by 4.3% in the 1st quarter. Northern Trust Corp now owns 5,109,809 shares of the exchange traded fund’s stock valued at $1,845,101,000 after purchasing an additional 208,598 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 37,046.7% in the 1st quarter. GAMMA Investing LLC now owns 3,515,933 shares of the exchange traded fund’s stock valued at $1,269,568,000 after purchasing an additional 3,506,468 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 4.2% during the 1st quarter. LPL Financial LLC now owns 3,280,071 shares of the exchange traded fund’s stock valued at $1,184,401,000 after acquiring an additional 133,621 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 3.6% during the 1st quarter. Commonwealth Equity Services LLC now owns 2,173,269 shares of the exchange traded fund’s stock valued at $784,746,000 after acquiring an additional 75,027 shares in the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock opened at $463.36 on Wednesday. The firm’s fifty day moving average price is $443.32 and its 200 day moving average price is $403.07. The company has a market capitalization of $121.10 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $465.05.

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.