RMG Wealth Management LLC Makes New $96,000 Investment in iShares Russell 1000 Growth ETF $IWF

RMG Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 220 shares of the exchange traded fund’s stock, valued at approximately $96,000.

Other large investors also recently added to or reduced their stakes in the company. HighMark Wealth Management LLC increased its stake in iShares Russell 1000 Growth ETF by 60.5% during the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 26 shares during the last quarter. Toth Financial Advisory Corp increased its stake in iShares Russell 1000 Growth ETF by 329.4% during the first quarter. Toth Financial Advisory Corp now owns 73 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 56 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC bought a new stake in iShares Russell 1000 Growth ETF during the first quarter worth approximately $31,000. EQ Wealth Advisors LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the first quarter valued at approximately $32,000. Finally, Hughes Financial Services LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the first quarter valued at approximately $33,000. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

IWF opened at $472.90 on Tuesday. The stock has a market cap of $123.26 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08. The stock’s 50 day moving average price is $452.93 and its 200-day moving average price is $412.69. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $473.84.

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.