MJP Associates Inc. ADV Purchases 6,046 Shares of iShares Russell 1000 Growth ETF $IWF

MJP Associates Inc. ADV lifted its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 17.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,154 shares of the exchange traded fund’s stock after purchasing an additional 6,046 shares during the quarter. iShares Russell 1000 Growth ETF accounts for 2.4% of MJP Associates Inc. ADV’s investment portfolio, making the stock its 10th largest holding. MJP Associates Inc. ADV’s holdings in iShares Russell 1000 Growth ETF were worth $19,478,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Godsey & Gibb Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $27,000. Concord Wealth Partners raised its position in shares of iShares Russell 1000 Growth ETF by 210.0% during the fourth quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 42 shares during the period. Reyes Financial Architecture Inc. bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth $30,000. Networth Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth $32,000. Finally, Holos Integrated Wealth LLC bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth $35,000. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Up 1.3%

Shares of iShares Russell 1000 Growth ETF stock opened at $124.66 on Thursday. The stock has a fifty day simple moving average of $114.85 and a 200 day simple moving average of $116.17. iShares Russell 1000 Growth ETF has a 12-month low of $97.07 and a 12-month high of $126.04. The company has a market capitalization of $130.19 billion, a P/E ratio of 33.43 and a beta of 1.16.

iShares Russell 1000 Growth ETF 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.