iShares Russell 1000 Growth ETF $IWF Shares Acquired by Sandy Cove Advisors LLC

Sandy Cove Advisors LLC increased its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 300.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,663 shares of the exchange traded fund’s stock after purchasing an additional 5,749 shares during the period. Sandy Cove Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $951,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Godsey & Gibb Inc. purchased a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth about $27,000. Roxbury Financial LLC grew its holdings in iShares Russell 1000 Growth ETF by 300.0% in the 2nd quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 162 shares during the period. MBM Wealth Consultants LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 1st quarter valued at about $28,000. Concord Wealth Partners increased its stake in shares of iShares Russell 1000 Growth ETF by 210.0% during the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 42 shares during the last quarter. Finally, Richards Merrill & Peterson Inc. increased its stake in shares of iShares Russell 1000 Growth ETF by 76.9% during the 1st 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. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock opened at $124.30 on Wednesday. The firm has a market cap of $127.36 billion, a P/E ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 1-year low of $102.23 and a 1-year high of $129.14. The firm’s 50-day simple moving average is $121.92 and its 200-day simple moving average is $117.53.

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.