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

Drive Wealth Management LLC lifted its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 16.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,716 shares of the exchange traded fund’s stock after buying an additional 649 shares during the period. Drive Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,770,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. ORG Wealth Partners LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth approximately $31,000. Nemes Rush Group LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 188.2% during the 2nd quarter. Nemes Rush Group LLC now owns 98 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 64 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares Russell 1000 Growth ETF in the 2nd quarter worth $40,000. HHM Wealth Advisors LLC lifted its stake in iShares Russell 1000 Growth ETF by 46.8% in the second quarter. HHM Wealth Advisors LLC now owns 113 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 36 shares during the last quarter. Finally, Mascoma Wealth Management LLC boosted its position in iShares Russell 1000 Growth ETF by 104.8% during the second quarter. Mascoma Wealth Management LLC now owns 129 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 66 shares during the period.

iShares Russell 1000 Growth ETF Trading Down 2.1 %

Shares of NYSEARCA:IWF opened at $387.55 on Monday. The stock has a market capitalization of $102.53 billion, a P/E ratio of 35.64 and a beta of 1.20. The stock’s 50-day moving average price is $378.15 and its 200-day moving average price is $363.72. iShares Russell 1000 Growth ETF has a 12-month low of $286.42 and a 12-month high of $400.85.

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.