RFG Advisory LLC Has $13.73 Million Stock Position in iShares Russell 1000 Growth ETF $IWF

RFG Advisory LLC grew its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 263.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 110,571 shares of the exchange traded fund’s stock after purchasing an additional 80,126 shares during the period. RFG Advisory LLC’s holdings in iShares Russell 1000 Growth ETF were worth $13,730,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of IWF. Arlington Trust Co LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 671.9% during the second quarter. Arlington Trust Co LLC now owns 6,268 shares of the exchange traded fund’s stock valued at $778,000 after acquiring an additional 5,456 shares during the period. Breakwater Capital Group grew its holdings in shares of iShares Russell 1000 Growth ETF by 302.1% in the 2nd quarter. Breakwater Capital Group now owns 189,130 shares of the exchange traded fund’s stock worth $23,484,000 after purchasing an additional 142,091 shares during the last quarter. Compass Financial Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 2nd quarter worth about $590,000. Tenzing Financial LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 2nd quarter worth about $594,000. Finally, First Bank & Trust increased its position in shares of iShares Russell 1000 Growth ETF by 300.0% during the 2nd quarter. First Bank & Trust now owns 10,376 shares of the exchange traded fund’s stock worth $1,288,000 after purchasing an additional 7,782 shares in the last quarter. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Down 0.3%

Shares of IWF stock opened at $123.02 on Wednesday. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.14. The company has a market capitalization of $126.05 billion, a P/E ratio of 33.43 and a beta of 1.17. The firm has a 50-day moving average price of $121.89 and a 200 day moving average price of $118.93.

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.