SFG Wealth Management LLC. Increases Holdings in iShares Russell 1000 Growth ETF $IWF

SFG Wealth Management LLC. increased its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 220.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,186 shares of the exchange traded fund’s stock after acquiring an additional 4,946 shares during the quarter. SFG Wealth Management LLC.’s holdings in iShares Russell 1000 Growth ETF were worth $892,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Principal Securities Inc. increased its stake in iShares Russell 1000 Growth ETF by 0.4% during the fourth quarter. Principal Securities Inc. now owns 5,159 shares of the exchange traded fund’s stock worth $2,442,000 after acquiring an additional 22 shares during the last quarter. Marks Group Wealth Management Inc raised its position in iShares Russell 1000 Growth ETF by 2.1% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,123 shares of the exchange traded fund’s stock valued at $532,000 after purchasing an additional 23 shares during the period. Blankinship & Foster LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 0.4% in the 1st quarter. Blankinship & Foster LLC now owns 5,589 shares of the exchange traded fund’s stock valued at $2,383,000 after purchasing an additional 24 shares during the last quarter. Rossby Financial LCC lifted its stake in shares of iShares Russell 1000 Growth ETF by 3.7% in the 4th quarter. Rossby Financial LCC now owns 674 shares of the exchange traded fund’s stock valued at $319,000 after purchasing an additional 24 shares during the last quarter. Finally, Cambridge Advisors Inc. grew its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% during the 1st quarter. Cambridge Advisors Inc. now owns 6,509 shares of the exchange traded fund’s stock worth $2,775,000 after purchasing an additional 25 shares during the period. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Down 0.0%

NYSEARCA IWF opened at $123.41 on Friday. The stock has a fifty day simple moving average of $121.89 and a 200-day simple moving average of $118.73. The stock has a market cap of $126.45 billion, a PE ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month high of $129.14.

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.