Point Windward Advisors Inc. Buys 5,344 Shares of iShares Russell 1000 Growth ETF $IWF

Point Windward Advisors Inc. bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 5,344 shares of the exchange traded fund’s stock, valued at approximately $669,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Arlington Trust Co LLC raised its stake in iShares Russell 1000 Growth ETF by 671.9% in the 2nd quarter. Arlington Trust Co LLC now owns 6,268 shares of the exchange traded fund’s stock valued at $778,000 after acquiring an additional 5,456 shares during the period. Brookstone Capital Management acquired a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter valued at $6,233,000. Farmers & Merchants Investments Inc. bought a new position in iShares Russell 1000 Growth ETF during the third quarter worth $771,000. Capital Investment Advisors LLC bought a new position in iShares Russell 1000 Growth ETF during the third quarter worth $4,986,000. Finally, Brookmont Capital Management bought a new position in iShares Russell 1000 Growth ETF during the third quarter worth $779,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA:IWF opened at $116.19 on Friday. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.80. The company has a market cap of $119.36 billion, a P/E ratio of 26.29 and a beta of 1.17. The firm’s fifty day moving average price is $122.34 and its two-hundred day moving average price is $119.35.

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.