Summit Financial Strategies Inc. continued to hold its stake in shares of iShares Russell 1000 Growth Index (NYSE:IWF) during the second quarter, Holdings Channel reports. The institutional investor owned 4,806 shares of the exchange traded fund’s stock at the end of the second quarter. iShares Russell 1000 Growth Index accounts for approximately 0.3% of Summit Financial Strategies Inc.’s investment portfolio, making the stock its 21st largest position. Summit Financial Strategies Inc.’s holdings in iShares Russell 1000 Growth Index were worth $572,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Country Trust Bank acquired a new stake in shares of iShares Russell 1000 Growth Index during the second quarter valued at about $128,000. Wellington Shields Capital Management LLC acquired a new stake in shares of iShares Russell 1000 Growth Index during the second quarter valued at about $204,000. Weatherly Asset Management L. P. acquired a new stake in shares of iShares Russell 1000 Growth Index during the second quarter valued at about $206,000. Aveo Capital Partners LLC acquired a new stake in shares of iShares Russell 1000 Growth Index during the second quarter valued at about $216,000. Finally, Gibson Capital LLC acquired a new stake in shares of iShares Russell 1000 Growth Index during the second quarter valued at about $227,000.

Shares of iShares Russell 1000 Growth Index (NYSE IWF) opened at 122.35 on Thursday. iShares Russell 1000 Growth Index has a 12 month low of $99.57 and a 12 month high of $123.32. The company’s 50-day moving average is $121.00 and its 200 day moving average is $116.24.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 12th. Investors of record on Monday, July 10th were issued a $0.4246 dividend. This represents a $1.70 annualized dividend and a yield of 1.39%. The ex-dividend date was Thursday, July 6th. This is an increase from iShares Russell 1000 Growth Index’s previous quarterly dividend of $0.33.

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About iShares Russell 1000 Growth Index

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.

Want to see what other hedge funds are holding IWF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Growth Index (NYSE:IWF).

Institutional Ownership by Quarter for iShares Russell 1000 Growth Index (NYSE:IWF)

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