Diversify Wealth Management LLC Has $29.70 Million Stake in iShares Russell 1000 Growth ETF $IWF

Diversify Wealth Management LLC raised its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 298.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 69,642 shares of the exchange traded fund’s stock after acquiring an additional 52,142 shares during the quarter. Diversify Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $29,695,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Principal Securities Inc. grew its stake in shares of iShares Russell 1000 Growth ETF by 0.4% in the 4th quarter. Principal Securities Inc. now owns 5,159 shares of the exchange traded fund’s stock valued at $2,442,000 after buying an additional 22 shares during the period. Jamison Private Wealth Management Inc. raised its stake in iShares Russell 1000 Growth ETF by 1.1% during the 4th quarter. Jamison Private Wealth Management Inc. now owns 2,078 shares of the exchange traded fund’s stock worth $983,000 after buying an additional 23 shares during the period. Marks Group Wealth Management Inc boosted its holdings in iShares Russell 1000 Growth ETF by 2.1% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,123 shares of the exchange traded fund’s stock worth $532,000 after acquiring an additional 23 shares in the last quarter. Blankinship & Foster LLC boosted its holdings in iShares Russell 1000 Growth ETF by 0.4% in the first quarter. Blankinship & Foster LLC now owns 5,589 shares of the exchange traded fund’s stock worth $2,383,000 after acquiring an additional 24 shares in the last quarter. Finally, Rossby Financial LCC grew its stake in iShares Russell 1000 Growth ETF by 3.7% in the fourth quarter. Rossby Financial LCC now owns 674 shares of the exchange traded fund’s stock valued at $319,000 after acquiring an additional 24 shares during the period. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF traded up $0.65 during midday trading on Friday, hitting $123.95. 2,580,609 shares of the stock traded hands, compared to its average volume of 9,297,511. The company has a market cap of $127.92 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14. The business has a 50 day moving average price of $123.25 and a two-hundred day moving average price of $117.46.

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.