Magnolia Capital Advisors LLC Makes New $669,000 Investment in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Magnolia Capital Advisors LLC purchased a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,834 shares of the exchange traded fund’s stock, valued at approximately $669,000.

Several other institutional investors and hedge funds have also bought and sold shares of IWF. American Century Companies Inc. grew its holdings in iShares Russell 1000 Growth ETF by 3,987.1% in the second quarter. American Century Companies Inc. now owns 1,530,909 shares of the exchange traded fund’s stock worth $558,032,000 after purchasing an additional 1,493,452 shares during the last quarter. GLOBALT Investments LLC GA purchased a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at $350,964,000. Cetera Investment Advisers grew its holdings in shares of iShares Russell 1000 Growth ETF by 409.6% during the first quarter. Cetera Investment Advisers now owns 1,312,397 shares of the exchange traded fund’s stock valued at $442,343,000 after buying an additional 1,054,881 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 28,897.3% during the second quarter. Strategic Financial Concepts LLC now owns 457,288 shares of the exchange traded fund’s stock valued at $1,667,000 after buying an additional 455,711 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of iShares Russell 1000 Growth ETF by 6.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 5,413,232 shares of the exchange traded fund’s stock valued at $1,641,130,000 after buying an additional 341,407 shares during the last quarter.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF opened at $375.38 on Tuesday. iShares Russell 1000 Growth ETF has a 1-year low of $256.01 and a 1-year high of $382.82. The firm has a market capitalization of $99.31 billion, a PE ratio of 35.64 and a beta of 1.20. The company’s fifty day moving average price is $359.55 and its 200-day moving average price is $351.27.

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.