Miracle Mile Advisors LLC Increases Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Miracle Mile Advisors LLC lifted its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,406 shares of the exchange traded fund’s stock after buying an additional 515 shares during the period. Miracle Mile Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $4,519,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Fred Alger Management LLC purchased a new position in iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $242,000. Axxcess Wealth Management LLC increased its stake in iShares Russell 1000 Growth ETF by 61.3% in the 3rd quarter. Axxcess Wealth Management LLC now owns 18,947 shares of the exchange traded fund’s stock worth $5,040,000 after purchasing an additional 7,201 shares during the period. Elevatus Welath Management purchased a new position in iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $681,000. Lakeshore Financial Planning Inc. purchased a new position in iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $219,000. Finally, Sands Capital Management LLC purchased a new position in iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $121,000.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $367.93 on Tuesday. The firm has a market cap of $97.34 billion, a P/E ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a fifty-two week low of $256.01 and a fifty-two week high of $370.46. The business’s 50 day moving average price is $345.40 and its 200-day moving average price is $329.51.

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.