Tobias Financial Advisors Inc. Boosts Stock Holdings in iShares Russell 1000 Growth ETF $IWF

Tobias Financial Advisors Inc. lifted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 285.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 98,443 shares of the exchange traded fund’s stock after purchasing an additional 72,895 shares during the period. iShares Russell 1000 Growth ETF comprises about 1.5% of Tobias Financial Advisors Inc.’s portfolio, making the stock its 18th biggest holding. Tobias Financial Advisors Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $12,224,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Roxbury Financial LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 300.0% during the 2nd quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 162 shares in the last quarter. MBM Wealth Consultants LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 1st quarter valued at about $28,000. Richards Merrill & Peterson Inc. increased its stake in shares of iShares Russell 1000 Growth ETF by 76.9% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 30 shares in the last quarter. Byrne Asset Management LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 300.0% in the 2nd quarter. Byrne Asset Management LLC now owns 236 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 177 shares in the last quarter. Finally, Motiv8 Investments LLC acquired a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth about $35,000. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA IWF opened at $123.41 on Monday. The stock has a market capitalization of $126.45 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. The stock has a 50-day moving average of $121.89 and a 200 day moving average of $118.78. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month high of $129.14.

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