Northeast Planning Associates INC. NH Increases Position in iShares Russell 1000 Growth ETF $IWF

Northeast Planning Associates INC. NH grew its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 291.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,170 shares of the exchange traded fund’s stock after purchasing an additional 17,251 shares during the quarter. iShares Russell 1000 Growth ETF makes up 2.0% of Northeast Planning Associates INC. NH’s investment portfolio, making the stock its 15th largest position. Northeast Planning Associates INC. NH’s holdings in iShares Russell 1000 Growth ETF were worth $2,697,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of IWF. Nvest Financial LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 292.3% during the second quarter. Nvest Financial LLC now owns 160,871 shares of the exchange traded fund’s stock worth $19,975,000 after purchasing an additional 119,865 shares in the last quarter. Asset Allocation Strategies LLC raised its stake in iShares Russell 1000 Growth ETF by 244.0% in the second quarter. Asset Allocation Strategies LLC now owns 4,888 shares of the exchange traded fund’s stock valued at $607,000 after buying an additional 3,467 shares in the last quarter. Fortitude Advisory Group L.L.C. acquired a new stake in iShares Russell 1000 Growth ETF in the second quarter valued at $204,000. Angeles Wealth Management LLC raised its stake in iShares Russell 1000 Growth ETF by 297.6% in the second quarter. Angeles Wealth Management LLC now owns 25,793 shares of the exchange traded fund’s stock valued at $3,203,000 after buying an additional 19,306 shares in the last quarter. Finally, Azimuth Capital Investment Management LLC lifted its holdings in iShares Russell 1000 Growth ETF by 293.5% during the 2nd quarter. Azimuth Capital Investment Management LLC now owns 27,856 shares of the exchange traded fund’s stock worth $3,459,000 after buying an additional 20,777 shares during the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA:IWF opened at $123.41 on Friday. The stock has a 50-day simple moving average of $121.89 and a 200-day simple moving average of $118.73. The stock has a market cap of $126.45 billion, a P/E ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.14.

iShares Russell 1000 Growth ETF 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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.