Litman Gregory Wealth Management LLC Raises Stock Position in iShares Russell 1000 Growth ETF $IWF

Litman Gregory Wealth Management LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 570.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,307 shares of the exchange traded fund’s stock after purchasing an additional 4,516 shares during the quarter. Litman Gregory Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,253,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. HighMark Wealth Management LLC boosted its holdings in iShares Russell 1000 Growth ETF by 60.5% in the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 26 shares during the period. Toth Financial Advisory Corp raised its position in iShares Russell 1000 Growth ETF by 329.4% in the 1st quarter. Toth Financial Advisory Corp now owns 73 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 56 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 1st quarter valued at about $31,000. EQ Wealth Advisors LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 1st quarter valued at about $32,000. Finally, Hughes Financial Services LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the first quarter worth about $33,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 0.4%

Shares of NYSEARCA:IWF opened at $469.94 on Monday. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $473.82. The firm’s 50 day moving average price is $452.30 and its 200 day moving average price is $411.97. The stock has a market cap of $122.49 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08.

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.