Global Trust Wealth Management LLC Makes New $2.66 Million Investment in iShares Russell 1000 Growth ETF $IWF

Global Trust Wealth Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,612 shares of the exchange traded fund’s stock, valued at approximately $2,656,000. iShares Russell 1000 Growth ETF accounts for 2.0% of Global Trust Wealth Management LLC’s holdings, making the stock its 13th largest position.

Several other hedge funds have also modified their holdings of IWF. Revolve Wealth Partners LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 2.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock valued at $2,589,000 after buying an additional 153 shares during the last quarter. Bison Wealth LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 20.5% during the fourth quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock valued at $9,195,000 after buying an additional 3,888 shares during the last quarter. Schnieders Capital Management LLC. lifted its position 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. lifted its holdings in shares of iShares Russell 1000 Growth ETF by 55.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,378 shares of the exchange traded fund’s stock valued at $1,434,000 after purchasing an additional 1,205 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings in shares of iShares Russell 1000 Growth ETF by 70.3% during the 2nd quarter. First Trust Advisors LP now owns 1,960 shares of the exchange traded fund’s stock valued at $832,000 after purchasing an additional 809 shares during the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Down 0.7%

Shares of IWF opened at $471.26 on Wednesday. iShares Russell 1000 Growth ETF has a 12 month low of $335.60 and a 12 month high of $493.00. The stock has a fifty day moving average price of $445.56 and a 200-day moving average price of $462.77. The firm has a market cap of $123.21 billion, a PE ratio of 33.43 and a beta of 1.17.

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