AE Wealth Management LLC Boosts Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

AE Wealth Management LLC boosted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 32.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,877 shares of the exchange traded fund’s stock after buying an additional 3,371 shares during the period. AE Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $5,058,000 at the end of the most recent reporting period.

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

iShares Russell 1000 Growth ETF Trading Down 0.1 %

iShares Russell 1000 Growth ETF stock opened at $373.03 on Friday. iShares Russell 1000 Growth ETF has a 12 month low of $256.01 and a 12 month high of $382.82. The stock has a fifty day simple moving average of $358.89 and a two-hundred day simple moving average of $349.37. The firm has a market cap of $98.69 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20.

About iShares Russell 1000 Growth ETF

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.