Destiny Wealth Partners LLC Makes New Investment in iShares Russell 1000 Growth ETF $IWF

Destiny Wealth Partners LLC purchased a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,136 shares of the exchange traded fund’s stock, valued at approximately $482,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Toth Financial Advisory Corp grew its position in iShares Russell 1000 Growth ETF by 329.4% during the 1st quarter. Toth Financial Advisory Corp now owns 73 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 56 shares during the period. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 1st quarter worth about $31,000. EQ Wealth Advisors LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 1st quarter worth about $32,000. Hughes Financial Services LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 1st quarter worth about $33,000. Finally, American Capital Advisory LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 792.3% during the 1st quarter. American Capital Advisory LLC now owns 116 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 103 shares in the last quarter. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Down 0.5%

IWF stock opened at $462.87 on Friday. The company’s 50-day simple moving average is $448.38 and its 200-day simple moving average is $407.10. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $473.01. The firm has a market cap of $120.97 billion, a P/E ratio of 33.43 and a beta of 1.08.

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.