Highland Investment Advisors LLC Invests $12.17 Million in iShares Russell 1000 Growth ETF $IWF

Highland Investment Advisors LLC acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the second quarter, Holdings Channel.com reports. The firm acquired 98,010 shares of the exchange traded fund’s stock, valued at approximately $12,170,000. iShares Russell 1000 Growth ETF accounts for 5.3% of Highland Investment Advisors LLC’s portfolio, making the stock its 5th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in IWF. TOP Private Wealth LLC. acquired a new stake in iShares Russell 1000 Growth ETF during the second quarter worth approximately $483,000. Strive Financial Group LLC lifted its stake in iShares Russell 1000 Growth ETF by 1,353.3% in the second quarter. Strive Financial Group LLC now owns 31,507 shares of the exchange traded fund’s stock valued at $3,912,000 after buying an additional 29,339 shares during the period. Invested Advisors lifted its stake in iShares Russell 1000 Growth ETF by 270.3% in the second quarter. Invested Advisors now owns 25,091 shares of the exchange traded fund’s stock valued at $3,116,000 after buying an additional 18,315 shares during the period. MOR Wealth Management LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 261.0% during the 2nd quarter. MOR Wealth Management LLC now owns 192,949 shares of the exchange traded fund’s stock worth $23,959,000 after buying an additional 139,506 shares in the last quarter. Finally, Formulate Financial LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 298.5% during the 2nd quarter. Formulate Financial LLC now owns 26,141 shares of the exchange traded fund’s stock worth $3,246,000 after buying an additional 19,581 shares in the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 0.0%

Shares of IWF stock opened at $123.41 on Friday. The firm has a 50 day moving average of $121.89 and a 200-day moving average of $118.73. The company has a market cap of $126.45 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.14.

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.