NovaPoint Capital LLC raised its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 1.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,287 shares of the exchange traded fund’s stock after acquiring an additional 223 shares during the period. iShares Russell 1000 Growth ETF makes up approximately 2.0% of NovaPoint Capital LLC’s holdings, making the stock its 13th biggest holding. NovaPoint Capital LLC’s holdings in iShares Russell 1000 Growth ETF were worth $6,491,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the company. Kathmere Capital Management LLC boosted its stake in iShares Russell 1000 Growth ETF by 44.1% in the second quarter. Kathmere Capital Management LLC now owns 2,288 shares of the exchange traded fund’s stock valued at $972,000 after acquiring an additional 700 shares in the last quarter. Destiny Wealth Partners LLC acquired a new stake in iShares Russell 1000 Growth ETF in the second quarter valued at approximately $482,000. ST Germain D J Co. Inc. boosted its stake in iShares Russell 1000 Growth ETF by 15.0% in the second quarter. ST Germain D J Co. Inc. now owns 1,869 shares of the exchange traded fund’s stock valued at $794,000 after acquiring an additional 244 shares in the last quarter. Rebalance LLC boosted its stake in iShares Russell 1000 Growth ETF by 2.9% in the second quarter. Rebalance LLC now owns 21,318 shares of the exchange traded fund’s stock valued at $9,051,000 after acquiring an additional 593 shares in the last quarter. Finally, Falcon Wealth Planning boosted its stake in iShares Russell 1000 Growth ETF by 13.6% in the second quarter. Falcon Wealth Planning now owns 3,577 shares of the exchange traded fund’s stock valued at $1,519,000 after acquiring an additional 428 shares in the last quarter. 75.33% of the stock is currently owned by institutional investors and hedge funds.
iShares Russell 1000 Growth ETF Stock Up 0.4%
Shares of IWF opened at $464.84 on Friday. The company has a market cap of $121.49 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a twelve month low of $308.67 and a twelve month high of $473.01. The company has a 50 day moving average of $448.99 and a two-hundred day moving average of $407.80.
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.
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