Exchange Capital Management Inc. Purchases New Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Exchange Capital Management Inc. purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 610 shares of the exchange traded fund’s stock, valued at approximately $206,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Sendero Wealth Management LLC raised its stake in iShares Russell 1000 Growth ETF by 0.3% during the 4th quarter. Sendero Wealth Management LLC now owns 9,837 shares of the exchange traded fund’s stock valued at $2,982,000 after purchasing an additional 33 shares during the period. Morton Capital Management LLC CA raised its stake in iShares Russell 1000 Growth ETF by 1.1% during the 3rd quarter. Morton Capital Management LLC CA now owns 3,126 shares of the exchange traded fund’s stock valued at $831,000 after purchasing an additional 34 shares during the period. Beacon Capital Management LLC raised its stake in iShares Russell 1000 Growth ETF by 1.8% during the 4th quarter. Beacon Capital Management LLC now owns 1,974 shares of the exchange traded fund’s stock valued at $598,000 after purchasing an additional 34 shares during the period. Morton Brown Family Wealth LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 5.0% during the 4th quarter. Morton Brown Family Wealth LLC now owns 709 shares of the exchange traded fund’s stock valued at $215,000 after acquiring an additional 34 shares in the last quarter. Finally, Stonehearth Capital Management LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 2.0% during the 4th quarter. Stonehearth Capital Management LLC now owns 1,787 shares of the exchange traded fund’s stock valued at $542,000 after acquiring an additional 35 shares in the last quarter.

iShares Russell 1000 Growth ETF Trading Up 0.8 %

Shares of NYSEARCA:IWF opened at $370.97 on Wednesday. The stock has a market capitalization of $98.14 billion, a PE ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 1 year low of $256.01 and a 1 year high of $370.98. The firm has a fifty day moving average price of $346.37 and a 200 day moving average price of $329.99.

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.