Partnership Wealth Management LLC Has $7.67 Million Position in iShares Russell 1000 Growth ETF $IWF

Partnership Wealth Management LLC boosted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 5.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 18,058 shares of the exchange traded fund’s stock after acquiring an additional 922 shares during the quarter. iShares Russell 1000 Growth ETF comprises approximately 6.2% of Partnership Wealth Management LLC’s portfolio, making the stock its 5th largest holding. Partnership Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $7,667,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC increased its position in iShares Russell 1000 Growth ETF by 311.2% in the 1st quarter. Golden State Wealth Management LLC now owns 2,743 shares of the exchange traded fund’s stock valued at $991,000 after buying an additional 2,076 shares in the last quarter. PGIM Custom Harvest LLC increased its position in iShares Russell 1000 Growth ETF by 27.3% in the 1st quarter. PGIM Custom Harvest LLC now owns 5,428 shares of the exchange traded fund’s stock valued at $1,960,000 after buying an additional 1,165 shares in the last quarter. Obermeyer Wealth Partners increased its position in iShares Russell 1000 Growth ETF by 27.0% in the 1st quarter. Obermeyer Wealth Partners now owns 3,565 shares of the exchange traded fund’s stock valued at $1,287,000 after buying an additional 759 shares in the last quarter. Summit Financial LLC increased its position in iShares Russell 1000 Growth ETF by 3.3% in the 1st quarter. Summit Financial LLC now owns 38,912 shares of the exchange traded fund’s stock valued at $14,051,000 after buying an additional 1,256 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in iShares Russell 1000 Growth ETF by 1.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 410,733 shares of the exchange traded fund’s stock valued at $148,311,000 after buying an additional 6,064 shares in the last quarter. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock opened at $460.14 on Monday. The company has a market capitalization of $120.26 billion, a P/E ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $461.23. The business has a 50-day simple moving average of $441.76 and a two-hundred day simple moving average of $402.16.

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.