MCF Advisors LLC Boosts Position in iShares Russell 1000 Growth ETF $IWF

MCF Advisors LLC boosted its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 286.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 145,499 shares of the exchange traded fund’s stock after purchasing an additional 107,828 shares during the quarter. MCF Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $18,067,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Principal Securities Inc. raised its holdings in iShares Russell 1000 Growth ETF by 0.4% during the fourth quarter. Principal Securities Inc. now owns 5,159 shares of the exchange traded fund’s stock worth $2,442,000 after purchasing an additional 22 shares in the last quarter. Marks Group Wealth Management Inc boosted its holdings in shares of iShares Russell 1000 Growth ETF by 2.1% in the 4th quarter. Marks Group Wealth Management Inc now owns 1,123 shares of the exchange traded fund’s stock valued at $532,000 after buying an additional 23 shares in the last quarter. Blankinship & Foster LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% in the 1st quarter. Blankinship & Foster LLC now owns 5,589 shares of the exchange traded fund’s stock valued at $2,383,000 after buying an additional 24 shares in the last quarter. Rossby Financial LCC grew its position in shares of iShares Russell 1000 Growth ETF by 3.7% in the 4th quarter. Rossby Financial LCC now owns 674 shares of the exchange traded fund’s stock valued at $319,000 after buying an additional 24 shares during the last quarter. Finally, Cambridge Advisors Inc. grew its position in shares of iShares Russell 1000 Growth ETF by 0.4% in the 1st quarter. Cambridge Advisors Inc. now owns 6,509 shares of the exchange traded fund’s stock valued at $2,775,000 after buying an additional 25 shares during the last quarter. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA:IWF opened at $122.46 on Thursday. iShares Russell 1000 Growth ETF has a 12 month low of $102.23 and a 12 month high of $129.14. The firm has a market capitalization of $125.47 billion, a P/E ratio of 33.43 and a beta of 1.17. The company’s fifty day moving average price is $121.88 and its 200 day moving average price is $119.00.

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.