Revolve Wealth Partners LLC Raises Stock Position in iShares Russell 1000 Growth ETF $IWF

Revolve Wealth Partners LLC boosted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 264.0% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 16,029 shares of the exchange traded fund’s stock after acquiring an additional 11,626 shares during the period. Revolve Wealth Partners LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,990,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IWF. Godsey & Gibb Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth about $27,000. Concord Wealth Partners lifted its stake in iShares Russell 1000 Growth ETF by 210.0% in the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 42 shares in the last quarter. Reyes Financial Architecture Inc. purchased a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $30,000. MBM Wealth Consultants LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 1st quarter worth about $28,000. Finally, Richards Merrill & Peterson Inc. boosted its holdings in iShares Russell 1000 Growth ETF by 76.9% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 30 shares during the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Down 0.3%

NYSEARCA:IWF opened at $124.17 on Tuesday. iShares Russell 1000 Growth ETF has a 12 month low of $102.23 and a 12 month high of $129.14. The stock has a 50 day moving average of $121.66 and a two-hundred day moving average of $117.73. The firm has a market cap of $127.22 billion, a P/E ratio of 33.43 and a beta of 1.17.

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.