Coordinated Financial Services Inc. Makes New $507,000 Investment in iShares Russell 1000 Growth ETF $IWF

Coordinated Financial Services Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,194 shares of the exchange traded fund’s stock, valued at approximately $507,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. HighMark Wealth Management LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 60.5% in the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 26 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the first quarter valued at approximately $31,000. EQ Wealth Advisors LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the first quarter valued at approximately $32,000. Hughes Financial Services LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the first quarter valued at approximately $33,000. Finally, American Capital Advisory LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 792.3% in the first quarter. American Capital Advisory LLC now owns 116 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 103 shares in the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF opened at $474.60 on Friday. The company has a market cap of $123.04 billion, a PE ratio of 33.43 and a beta of 1.08. The stock’s 50 day simple moving average is $454.93 and its 200-day simple moving average is $414.18. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $475.51.

About iShares Russell 1000 Growth ETF

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.