iShares Russell 1000 Growth ETF $IWF Shares Purchased by Merit Financial Group LLC

Merit Financial Group LLC grew its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 172.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 44,105 shares of the exchange traded fund’s stock after acquiring an additional 27,920 shares during the quarter. Merit Financial Group LLC’s holdings in iShares Russell 1000 Growth ETF were worth $20,875,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Revolve Wealth Partners LLC boosted its stake in iShares Russell 1000 Growth ETF by 2.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock valued at $2,589,000 after purchasing an additional 153 shares during the period. Bison Wealth LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 20.5% in the fourth quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock valued at $9,195,000 after purchasing an additional 3,888 shares during the period. Schnieders Capital Management LLC. raised its holdings in shares of iShares Russell 1000 Growth ETF by 24.9% during the second quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock valued at $1,806,000 after buying an additional 849 shares during the last quarter. Russell Investments Group Ltd. boosted its position in shares of iShares Russell 1000 Growth ETF by 55.5% during the second quarter. Russell Investments Group Ltd. now owns 3,378 shares of the exchange traded fund’s stock worth $1,434,000 after buying an additional 1,205 shares during the period. Finally, First Trust Advisors LP boosted its position in shares of iShares Russell 1000 Growth ETF by 70.3% during the second quarter. First Trust Advisors LP now owns 1,960 shares of the exchange traded fund’s stock worth $832,000 after buying an additional 809 shares during the period. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock opened at $469.23 on Friday. iShares Russell 1000 Growth ETF has a 12-month low of $328.33 and a 12-month high of $493.00. The firm has a market capitalization of $123.52 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. The business has a 50 day simple moving average of $444.66 and a 200 day simple moving average of $462.77.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.