Merit Financial Group LLC Buys 602 Shares of iShares Russell 1000 Growth ETF $IWF

Merit Financial Group LLC boosted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,245 shares of the exchange traded fund’s stock after purchasing an additional 602 shares during the period. Merit Financial Group LLC’s holdings in iShares Russell 1000 Growth ETF were worth $7,322,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC raised its stake in iShares Russell 1000 Growth ETF by 722,329.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 17,851,227 shares of the exchange traded fund’s stock valued at $7,579,274,000 after acquiring an additional 17,848,756 shares during the period. Nuveen LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the first quarter worth about $424,812,000. Wellington Management Group LLP increased its stake in shares of iShares Russell 1000 Growth ETF by 311.4% in the first quarter. Wellington Management Group LLP now owns 1,285,798 shares of the exchange traded fund’s stock worth $464,289,000 after purchasing an additional 973,250 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd raised its position in shares of iShares Russell 1000 Growth ETF by 36,009.0% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 494,693 shares of the exchange traded fund’s stock valued at $178,629,000 after purchasing an additional 493,323 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of iShares Russell 1000 Growth ETF by 4.3% during the 1st quarter. Northern Trust Corp now owns 5,109,809 shares of the exchange traded fund’s stock valued at $1,845,101,000 after buying an additional 208,598 shares in the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Down 0.4%

IWF opened at $469.94 on Monday. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $473.82. The company has a market cap of $122.47 billion, a PE ratio of 33.43 and a beta of 1.08. The company has a 50 day moving average of $452.30 and a 200 day moving average of $411.97.

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.