Tortoise Investment Management LLC Raises Stock Holdings in iShares Russell 1000 Growth ETF $IWF

by · The Markets Daily

Tortoise Investment Management LLC grew its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 300.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 12,172 shares of the exchange traded fund’s stock after acquiring 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 reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWF. Roxbury Financial LLC increased its position in iShares Russell 1000 Growth ETF by 300.0% in the second quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 162 shares during the last quarter. MBM Wealth Consultants LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 1st quarter worth $28,000. Richards Merrill & Peterson Inc. grew its stake in shares of iShares Russell 1000 Growth ETF by 76.9% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 30 shares in the last quarter. Byrne Asset Management LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 300.0% in the 2nd quarter. Byrne Asset Management LLC now owns 236 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 177 shares during the last quarter. Finally, Motiv8 Investments LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth about $35,000. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Down 0.5%

Shares of NYSEARCA:IWF opened at $122.46 on Thursday. The company has a market cap of $125.47 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 12 month low of $102.23 and a 12 month high of $129.14. The company has a 50-day moving average price of $121.88 and a 200 day moving average price of $119.00.

iShares Russell 1000 Growth ETF Company Profile

(Free Report)

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.

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