New England Professional Planning Group Inc. Buys 4,210 Shares of iShares Russell 1000 Growth ETF $IWF

New England Professional Planning Group Inc. raised its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 278.8% during the 2nd quarter, Holdings Channel.com reports. The fund owned 5,720 shares of the exchange traded fund’s stock after acquiring an additional 4,210 shares during the period. iShares Russell 1000 Growth ETF accounts for about 0.3% of New England Professional Planning Group Inc.’s portfolio, making the stock its 16th biggest position. New England Professional Planning Group Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $710,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. MBM Wealth Consultants LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the first quarter valued at about $28,000. Richards Merrill & Peterson Inc. grew its holdings in shares of iShares Russell 1000 Growth ETF by 76.9% in the first 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 in the last quarter. Motiv8 Investments LLC bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth $35,000. Garton & Associates Financial Advisors LLC purchased a new position in iShares Russell 1000 Growth ETF in the fourth quarter worth $38,000. Finally, Sfam LLC purchased a new position in iShares Russell 1000 Growth ETF in the fourth quarter worth $52,000. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

Shares of iShares Russell 1000 Growth ETF stock traded down $0.39 during trading hours on Tuesday, hitting $123.02. 3,068,450 shares of the company’s stock traded hands, compared to its average volume of 8,009,393. The stock has a market capitalization of $126.05 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. 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 fifty day simple moving average of $121.89 and a 200-day simple moving average of $118.93.

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.