iShares Russell 1000 Growth ETF $IWF Stock Position Raised by Denver Wealth Management Inc.

Denver Wealth Management Inc. raised its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,022 shares of the exchange traded fund’s stock after acquiring an additional 925 shares during the quarter. iShares Russell 1000 Growth ETF makes up 5.8% of Denver Wealth Management Inc.’s investment portfolio, making the stock its 4th largest position. Denver Wealth Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $14,021,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Endowment Wealth Management Inc. purchased a new position in iShares Russell 1000 Growth ETF in the 2nd quarter valued at about $210,000. PGIM Custom Harvest LLC raised its position in shares of iShares Russell 1000 Growth ETF by 27.3% in the first quarter. PGIM Custom Harvest LLC now owns 5,428 shares of the exchange traded fund’s stock valued at $1,960,000 after buying an additional 1,165 shares during the last quarter. Partnership Wealth Management LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 5.4% during the second quarter. Partnership Wealth Management LLC now owns 18,058 shares of the exchange traded fund’s stock valued at $7,667,000 after buying an additional 922 shares during the period. Advyzon Investment Management LLC acquired a new stake in iShares Russell 1000 Growth ETF during the second quarter worth approximately $615,000. Finally, CWM LLC boosted its position in iShares Russell 1000 Growth ETF by 6.0% during the second quarter. CWM LLC now owns 83,867 shares of the exchange traded fund’s stock worth $35,608,000 after acquiring an additional 4,735 shares during the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $476.45 on Friday. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $493.00. The company has a market capitalization of $123.71 billion, a PE ratio of 33.43 and a beta of 1.13. The stock has a fifty day moving average of $472.19 and a two-hundred day moving average of $443.65.

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.