iShares Russell 1000 Growth ETF $IWF Stock Purchased by Fortitude Financial LLC

Fortitude Financial LLC lifted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 181.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,081 shares of the exchange traded fund’s stock after buying an additional 6,505 shares during the period. iShares Russell 1000 Growth ETF makes up about 0.6% of Fortitude Financial LLC’s investment portfolio, making the stock its 19th biggest position. Fortitude Financial LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,263,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWF. MBM Wealth Consultants LLC purchased a new stake in iShares Russell 1000 Growth ETF during the first quarter valued at $28,000. Richards Merrill & Peterson Inc. increased its position in iShares Russell 1000 Growth ETF by 76.9% during the first quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 30 shares during the last quarter. Main Street Group LTD bought a new position in iShares Russell 1000 Growth ETF in the first quarter valued at about $64,000. Piedmont Capital Management LLC NC bought a new position in iShares Russell 1000 Growth ETF in the first quarter valued at about $70,000. Finally, GKV Capital Management Co. Inc. bought a new position in iShares Russell 1000 Growth ETF in the first quarter valued at about $85,000. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Up 0.9%

NYSEARCA:IWF traded up $1.13 on Monday, hitting $122.61. The stock had a trading volume of 3,493,742 shares, compared to its average volume of 7,495,596. The stock has a market cap of $125.84 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. The business’s 50-day simple moving average is $124.14 and its two-hundred day simple moving average is $121.76. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.80.

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.