MV Capital Management Inc. Has $74.30 Million Holdings in iShares Russell 1000 Growth ETF $IWF

MV Capital Management Inc. trimmed its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 174,992 shares of the exchange traded fund’s stock after selling 8,669 shares during the period. iShares Russell 1000 Growth ETF comprises about 7.6% of MV Capital Management Inc.’s portfolio, making the stock its largest position. MV Capital Management Inc. owned approximately 0.07% of iShares Russell 1000 Growth ETF worth $74,298,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Endowment Wealth Management Inc. bought a new stake in iShares Russell 1000 Growth ETF during the second quarter valued at about $210,000. PGIM Custom Harvest LLC raised its holdings in 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 worth $1,960,000 after purchasing an additional 1,165 shares in the last quarter. Partnership Wealth Management LLC lifted its position 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 last quarter. Obermeyer Wealth Partners lifted its position in shares of iShares Russell 1000 Growth ETF by 27.0% during the first quarter. Obermeyer Wealth Partners now owns 3,565 shares of the exchange traded fund’s stock valued at $1,287,000 after buying an additional 759 shares during the last quarter. Finally, Americana Partners LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 377.5% in the 2nd quarter. Americana Partners LLC now owns 55,096 shares of the exchange traded fund’s stock valued at $23,393,000 after buying an additional 43,557 shares in the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 0.2%

Shares of iShares Russell 1000 Growth ETF stock opened at $480.08 on Thursday. The company has a market cap of $124.65 billion, a P/E ratio of 33.43 and a beta of 1.13. The firm’s 50 day moving average price is $470.03 and its 200-day moving average price is $436.24. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $493.00.

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.