Pointe Capital Management LLC Boosts Position in iShares Russell 1000 Growth ETF $IWF

Pointe Capital Management LLC boosted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 315.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 162,841 shares of the exchange traded fund’s stock after acquiring an additional 123,670 shares during the period. iShares Russell 1000 Growth ETF accounts for about 9.0% of Pointe Capital Management LLC’s holdings, making the stock its biggest position. Pointe Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $20,220,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWF. Revolve Wealth Partners LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 2.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock worth $2,589,000 after acquiring an additional 153 shares during the period. Bison Wealth LLC raised its holdings in iShares Russell 1000 Growth ETF by 20.5% during the 4th quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock valued at $9,195,000 after acquiring an additional 3,888 shares during the period. Schnieders Capital Management LLC. lifted its position in shares of iShares Russell 1000 Growth ETF by 24.9% during the second quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock worth $1,806,000 after acquiring an additional 849 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of iShares Russell 1000 Growth ETF by 55.5% during the second quarter. Russell Investments Group Ltd. now owns 3,378 shares of the exchange traded fund’s stock worth $1,434,000 after acquiring an additional 1,205 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in shares of iShares Russell 1000 Growth ETF by 70.3% in the second quarter. First Trust Advisors LP now owns 1,960 shares of the exchange traded fund’s stock worth $832,000 after acquiring an additional 809 shares during the period. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $123.02 on Wednesday. iShares Russell 1000 Growth ETF has a fifty-two week low of $102.23 and a fifty-two week high of $129.14. The stock has a market cap of $126.05 billion, a PE ratio of 33.43 and a beta of 1.17. The stock has a fifty day moving average of $121.89 and a 200-day moving average of $118.93.

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