Morse Asset Management Inc Invests $255,000 in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Morse Asset Management Inc bought a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 700 shares of the exchange traded fund’s stock, valued at approximately $255,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Creekmur Asset Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth $33,000. Nvwm LLC grew its position in iShares Russell 1000 Growth ETF by 44.9% in the 1st quarter. Nvwm LLC now owns 100 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 31 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter worth approximately $40,000. HHM Wealth Advisors LLC grew its position in shares of iShares Russell 1000 Growth ETF by 46.8% during the 2nd quarter. HHM Wealth Advisors LLC now owns 113 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 36 shares during the period. Finally, Richardson Financial Services Inc. purchased a new stake in iShares Russell 1000 Growth ETF during the 1st quarter worth about $44,000.

iShares Russell 1000 Growth ETF Stock Up 0.1 %

Shares of NYSEARCA IWF opened at $373.44 on Tuesday. The company has a market cap of $98.79 billion, a P/E ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 52 week low of $256.01 and a 52 week high of $382.82. The business has a 50-day simple moving average of $358.80 and a two-hundred day simple moving average of $349.78.

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.