Formulate Financial LLC Acquires New Holdings in iShares Russell 1000 Growth ETF $IWF

Formulate Financial LLC bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 6,128 shares of the exchange traded fund’s stock, valued at approximately $2,870,000. iShares Russell 1000 Growth ETF makes up 3.6% of Formulate Financial LLC’s portfolio, making the stock its 9th biggest position.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Ironwood Wealth Management LLC. lifted its holdings in iShares Russell 1000 Growth ETF by 0.6% during the 3rd quarter. Ironwood Wealth Management LLC. now owns 4,277 shares of the exchange traded fund’s stock worth $2,003,000 after buying an additional 24 shares during the period. Telos Capital Management Inc. raised its position in shares of iShares Russell 1000 Growth ETF by 1.3% during the second quarter. Telos Capital Management Inc. now owns 1,924 shares of the exchange traded fund’s stock worth $817,000 after acquiring an additional 25 shares during the last quarter. Golden State Equity Partners lifted its stake in shares of iShares Russell 1000 Growth ETF by 0.9% in the third quarter. Golden State Equity Partners now owns 2,897 shares of the exchange traded fund’s stock worth $1,357,000 after acquiring an additional 25 shares during the period. HighMark Wealth Management LLC boosted its holdings in iShares Russell 1000 Growth ETF by 60.5% in the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 26 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC increased its position in iShares Russell 1000 Growth ETF by 1.5% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 1,842 shares of the exchange traded fund’s stock valued at $782,000 after purchasing an additional 27 shares during the period. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

iShares Russell 1000 Growth ETF stock opened at $471.18 on Tuesday. The firm has a market cap of $121.80 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $493.00. The firm has a 50 day moving average price of $472.43 and a two-hundred day moving average price of $462.90.

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.