NTV Asset Management LLC Makes New $12.05 Million Investment in iShares Russell 1000 Growth ETF $IWF

NTV Asset Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 96,225 shares of the exchange traded fund’s stock, valued at approximately $12,053,000. iShares Russell 1000 Growth ETF accounts for 1.1% of NTV Asset Management LLC’s holdings, making the stock its 20th largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of IWF. Arlington Trust Co LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 671.9% in the second quarter. Arlington Trust Co LLC now owns 6,268 shares of the exchange traded fund’s stock valued at $778,000 after buying an additional 5,456 shares during the period. Breakwater Capital Group grew its position in iShares Russell 1000 Growth ETF by 302.1% during the second quarter. Breakwater Capital Group now owns 189,130 shares of the exchange traded fund’s stock worth $23,484,000 after buying an additional 142,091 shares in the last quarter. Compass Financial Management LLC acquired a new stake in iShares Russell 1000 Growth ETF during the second quarter worth approximately $590,000. Tenzing Financial LLC bought a new position in iShares Russell 1000 Growth ETF during the 2nd quarter worth $594,000. Finally, TD Waterhouse Canada Inc. increased its stake in iShares Russell 1000 Growth ETF by 314.5% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 33,750 shares of the exchange traded fund’s stock worth $4,150,000 after acquiring an additional 25,608 shares during the period. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA IWF opened at $119.61 on Friday. The stock has a market capitalization of $122.59 billion, a PE ratio of 33.43 and a beta of 1.16. The business has a fifty day moving average price of $123.84 and a two-hundred day moving average price of $122.16. iShares Russell 1000 Growth ETF has a fifty-two week low of $102.23 and a fifty-two week high of $129.80.

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.