WCG Wealth Advisors LLC Makes New $32.26 Million Investment in iShares Russell 1000 Growth ETF $IWF

WCG Wealth Advisors LLC purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, Holdings Channel reports. The fund purchased 68,879 shares of the exchange traded fund’s stock, valued at approximately $32,264,000. iShares Russell 1000 Growth ETF accounts for approximately 2.0% of WCG Wealth Advisors LLC’s investment portfolio, making the stock its 6th biggest holding.

Other large investors have also modified their holdings of the company. Bell Investment Advisors Inc purchased a new position in shares of iShares Russell 1000 Growth ETF during the 2nd quarter worth approximately $32,000. Manning & Napier Advisors LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $47,000. Flagship Wealth Advisors LLC grew its holdings in iShares Russell 1000 Growth ETF by 131.9% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock valued at $51,000 after buying an additional 62 shares during the last quarter. Steigerwald Gordon & Koch Inc. acquired a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter valued at $53,000. Finally, Compass Financial Services Inc purchased a new position in iShares Russell 1000 Growth ETF during the second quarter worth $62,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Down 1.1%

NYSEARCA IWF opened at $438.29 on Friday. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $493.00. The business has a fifty day moving average of $459.70 and a 200-day moving average of $466.00. The stock has a market cap of $112.73 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13.

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.