Norris Financial Group LLC Invests $2.44 Million in iShares Russell 1000 Growth ETF $IWF

Norris Financial Group LLC acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,726 shares of the exchange traded fund’s stock, valued at approximately $2,442,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Revolve Wealth Partners LLC boosted its holdings in 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 acquiring an additional 153 shares during the period. Bison Wealth LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 20.5% in the fourth quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock worth $9,195,000 after purchasing an additional 3,888 shares during the period. Schnieders Capital Management LLC. increased its stake in shares of iShares Russell 1000 Growth ETF by 24.9% in the second quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock worth $1,806,000 after purchasing an additional 849 shares during the period. Russell Investments Group Ltd. lifted its position 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 worth $1,434,000 after purchasing an additional 1,205 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in 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 period. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Up 3.0%

IWF opened at $117.43 on Friday. The firm has a market capitalization of $120.24 billion, a P/E ratio of 33.43 and a beta of 1.16. The stock’s 50 day moving average price is $122.17 and its two-hundred day moving average price is $117.48. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.14.

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.