Marquette Asset Management LLC Has $58.77 Million Position in iShares Russell 1000 Growth ETF $IWF

Marquette Asset Management LLC raised its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 299.7% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 473,320 shares of the exchange traded fund’s stock after buying an additional 354,889 shares during the period. iShares Russell 1000 Growth ETF comprises 7.5% of Marquette Asset Management LLC’s holdings, making the stock its 4th largest position. Marquette Asset Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $58,772,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in IWF. Arlington Trust Co LLC boosted its stake in iShares Russell 1000 Growth ETF by 671.9% during the 2nd quarter. Arlington Trust Co LLC now owns 6,268 shares of the exchange traded fund’s stock worth $778,000 after acquiring an additional 5,456 shares during the last quarter. Breakwater Capital Group raised its holdings in iShares Russell 1000 Growth ETF by 302.1% in the second quarter. Breakwater Capital Group now owns 189,130 shares of the exchange traded fund’s stock worth $23,484,000 after purchasing an additional 142,091 shares during the period. Tenzing Financial LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the second quarter worth $594,000. Farther Finance Advisors LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 59.3% in the 4th quarter. Farther Finance Advisors LLC now owns 46,216 shares of the exchange traded fund’s stock valued at $21,874,000 after buying an additional 17,212 shares during the period. Finally, AMI Asset Management Corp increased its position in shares of iShares Russell 1000 Growth ETF by 542.6% in the 4th quarter. AMI Asset Management Corp now owns 71,879 shares of the exchange traded fund’s stock valued at $34,020,000 after buying an additional 60,693 shares in the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 0.3%

IWF stock opened at $124.17 on Tuesday. The business’s 50-day moving average price is $121.66 and its two-hundred day moving average price is $117.73. The firm has a market cap of $127.22 billion, a PE ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 1-year low of $102.23 and a 1-year high of $129.14.

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.