Confluence Wealth Services Inc. Purchases 10,629 Shares of iShares Russell 1000 Growth ETF $IWF

Confluence Wealth Services Inc. lifted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 281,103 shares of the exchange traded fund’s stock after acquiring an additional 10,629 shares during the period. iShares Russell 1000 Growth ETF comprises approximately 6.5% of Confluence Wealth Services Inc.’s holdings, making the stock its 3rd largest position. Confluence Wealth Services Inc. owned approximately 0.11% of iShares Russell 1000 Growth ETF worth $119,351,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of IWF. Headland Capital LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 2nd quarter worth approximately $513,000. Plimoth Trust Co. LLC acquired a new stake in iShares Russell 1000 Growth ETF in the second quarter valued at approximately $393,000. Valpey Financial Services LLC bought a new stake in iShares Russell 1000 Growth ETF in the second quarter worth approximately $338,000. Merit Financial Group LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 3.6% during the 2nd quarter. Merit Financial Group LLC now owns 17,245 shares of the exchange traded fund’s stock valued at $7,322,000 after purchasing an additional 602 shares in the last quarter. Finally, IFS Advisors LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 22.4% in the 2nd quarter. IFS Advisors LLC now owns 737 shares of the exchange traded fund’s stock valued at $313,000 after purchasing an additional 135 shares during the last quarter. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Down 0.4%

Shares of NYSEARCA:IWF opened at $469.94 on Monday. The stock has a market capitalization of $122.49 billion, a PE ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $473.82. The firm has a fifty day moving average price of $452.30 and a 200 day moving average price of $411.97.

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.