Magnus Financial Group LLC Has $2.66 Million Position in iShares Russell 1000 Growth ETF $IWF

Magnus Financial Group LLC boosted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,260 shares of the exchange traded fund’s stock after acquiring an additional 91 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,658,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of IWF. Revolve Wealth Partners LLC raised its stake in iShares Russell 1000 Growth ETF by 2.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock worth $2,589,000 after acquiring an additional 153 shares in the last quarter. Bison Wealth LLC raised its stake in iShares Russell 1000 Growth ETF by 20.5% during the fourth quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock worth $9,195,000 after acquiring an additional 3,888 shares in the last quarter. Copia Wealth Management acquired a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth $398,000. Aegis Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at $204,000. Finally, SpringVest Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at $800,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA:IWF opened at $465.22 on Thursday. iShares Russell 1000 Growth ETF has a twelve month low of $308.67 and a twelve month high of $473.01. The firm has a market cap of $121.59 billion, a PE ratio of 33.43 and a beta of 1.08. The business has a fifty day moving average of $447.81 and a 200-day moving average of $406.42.

iShares Russell 1000 Growth ETF 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.