My Personal CFO LLC Invests $6.16 Million in iShares Russell 1000 Growth ETF $IWF
by Michael Walen · The Markets DailyMy Personal CFO LLC acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The fund acquired 13,155 shares of the exchange traded fund’s stock, valued at approximately $6,162,000. iShares Russell 1000 Growth ETF accounts for 2.4% of My Personal CFO LLC’s portfolio, making the stock its 14th largest holding.
Several other institutional investors have also recently made changes to their positions in IWF. Concord Wealth Partners lifted its position in iShares Russell 1000 Growth ETF by 1,966.7% during the second quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 59 shares during the last quarter. HighMark Wealth Management LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 60.5% in the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 26 shares during the period. Bell Investment Advisors Inc bought a new stake in iShares Russell 1000 Growth ETF during the 2nd quarter valued at $32,000. First Community Trust NA lifted its holdings in iShares Russell 1000 Growth ETF by 525.0% in the 2nd quarter. First Community Trust NA now owns 125 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 105 shares during the period. Finally, Compass Financial Services Inc bought a new stake in iShares Russell 1000 Growth ETF in the second quarter valued at $62,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.
iShares Russell 1000 Growth ETF Stock Performance
iShares Russell 1000 Growth ETF stock opened at $473.30 on Thursday. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $493.00. The stock’s 50 day simple moving average is $475.33 and its two-hundred day simple moving average is $455.89. The stock has a market cap of $122.89 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13.
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.
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