MLG Wealth Management DBA Pine Grove Financial Group Has $1.25 Million Position in iShares Russell 1000 Growth ETF $IWF

by · The Cerbat Gem

MLG Wealth Management DBA Pine Grove Financial Group grew its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 305.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,077 shares of the exchange traded fund’s stock after buying an additional 7,591 shares during the quarter. MLG Wealth Management DBA Pine Grove Financial Group’s holdings in iShares Russell 1000 Growth ETF were worth $1,252,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of IWF. Revolve Wealth Partners LLC grew its stake in iShares Russell 1000 Growth ETF by 2.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock valued at $2,589,000 after purchasing an additional 153 shares in the last quarter. Bison Wealth LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 20.5% in the 4th quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock valued at $9,195,000 after buying an additional 3,888 shares during the last quarter. Schnieders Capital Management LLC. boosted its holdings in shares of iShares Russell 1000 Growth ETF by 24.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock valued at $1,806,000 after buying an additional 849 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of iShares Russell 1000 Growth ETF by 55.5% in the second quarter. Russell Investments Group Ltd. now owns 3,378 shares of the exchange traded fund’s stock valued at $1,434,000 after buying an additional 1,205 shares in the last quarter. Finally, First Trust Advisors LP grew its stake in shares of iShares Russell 1000 Growth ETF by 70.3% in the second quarter. First Trust Advisors LP now owns 1,960 shares of the exchange traded fund’s stock valued at $832,000 after buying an additional 809 shares in the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $123.41 on Tuesday. The company’s fifty day simple moving average is $121.92 and its 200 day simple moving average is $118.86. iShares Russell 1000 Growth ETF has a 1-year low of $102.23 and a 1-year high of $129.14. The company has a market cap of $126.45 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17.

About iShares Russell 1000 Growth ETF

(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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