Elevation Wealth Partners LLC Purchases 21,587 Shares of iShares Russell 1000 Growth ETF $IWF

Elevation Wealth Partners LLC increased its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 300.9% during the second quarter, Holdings Channel.com reports. The firm owned 28,760 shares of the exchange traded fund’s stock after buying an additional 21,587 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 1.1% of Elevation Wealth Partners LLC’s holdings, making the stock its 23rd biggest position. Elevation Wealth Partners LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,571,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Godsey & Gibb Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth about $27,000. Concord Wealth Partners boosted its position in shares of iShares Russell 1000 Growth ETF by 210.0% during the fourth quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 42 shares during the last quarter. Reyes Financial Architecture Inc. bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth $30,000. MBM Wealth Consultants LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 1st quarter valued at $28,000. Finally, Networth Advisors LLC bought a new position in iShares Russell 1000 Growth ETF during the 4th quarter valued at $32,000. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $123.50 on Friday. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.14. The company has a market capitalization of $126.54 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. The firm’s fifty day moving average price is $121.82 and its two-hundred day moving average price is $117.62.

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.