Tortoise Investment Management LLC Purchases 9,129 Shares of iShares Russell 1000 Growth ETF $IWF

Tortoise Investment Management LLC raised its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 300.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 12,172 shares of the exchange traded fund’s stock after purchasing an additional 9,129 shares during the quarter. Tortoise Investment Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,511,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Tarbox Family Office Inc. raised its holdings in shares of iShares Russell 1000 Growth ETF by 300.0% in the second quarter. Tarbox Family Office Inc. now owns 20,298 shares of the exchange traded fund’s stock worth $2,520,000 after buying an additional 15,223 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in iShares Russell 1000 Growth ETF by 323.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 123,391 shares of the exchange traded fund’s stock valued at $15,321,000 after acquiring an additional 94,275 shares during the period. Van Hulzen Asset Management LLC boosted its holdings in iShares Russell 1000 Growth ETF by 299.6% during the 2nd quarter. Van Hulzen Asset Management LLC now owns 2,170 shares of the exchange traded fund’s stock valued at $269,000 after acquiring an additional 1,627 shares during the period. Cahill Financial Advisors Inc. bought a new position in iShares Russell 1000 Growth ETF in the 2nd quarter valued at $774,000. Finally, LBJ Family Wealth Advisors Ltd. grew its position in iShares Russell 1000 Growth ETF by 298.9% in the 2nd quarter. LBJ Family Wealth Advisors Ltd. now owns 376,386 shares of the exchange traded fund’s stock valued at $45,912,000 after acquiring an additional 282,032 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 0.5%

NYSEARCA:IWF opened at $122.46 on Thursday. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month high of $129.14. The company has a market cap of $125.47 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. The stock has a fifty day simple moving average of $121.88 and a 200-day simple moving average of $119.00.

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.