MidAtlantic Capital Management Inc. Makes New Investment in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

MidAtlantic Capital Management Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 13,349 shares of the exchange traded fund’s stock, valued at approximately $5,011,000. iShares Russell 1000 Growth ETF makes up about 3.7% of MidAtlantic Capital Management Inc.’s holdings, making the stock its 5th biggest position.

Several other large investors have also recently added to or reduced their stakes in the company. Cassaday & Co Wealth Management LLC grew its stake in iShares Russell 1000 Growth ETF by 0.7% during the third quarter. Cassaday & Co Wealth Management LLC now owns 12,632 shares of the exchange traded fund’s stock worth $4,742,000 after buying an additional 86 shares during the last quarter. Drive Wealth Management LLC grew its stake in iShares Russell 1000 Growth ETF by 16.0% during the third quarter. Drive Wealth Management LLC now owns 4,716 shares of the exchange traded fund’s stock worth $1,770,000 after buying an additional 649 shares during the last quarter. TrinityPoint Wealth LLC grew its stake in iShares Russell 1000 Growth ETF by 11.6% during the third quarter. TrinityPoint Wealth LLC now owns 1,449 shares of the exchange traded fund’s stock worth $544,000 after buying an additional 151 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in iShares Russell 1000 Growth ETF by 25.7% during the third quarter. Thrivent Financial for Lutherans now owns 336,854 shares of the exchange traded fund’s stock worth $126,448,000 after buying an additional 68,840 shares during the last quarter. Finally, Claro Advisors LLC grew its stake in iShares Russell 1000 Growth ETF by 15.7% during the third quarter. Claro Advisors LLC now owns 53,836 shares of the exchange traded fund’s stock worth $20,209,000 after buying an additional 7,322 shares during the last quarter.

iShares Russell 1000 Growth ETF Trading Down 1.3 %

Shares of IWF stock opened at $382.51 on Monday. iShares Russell 1000 Growth ETF has a 1 year low of $287.27 and a 1 year high of $400.85. The firm’s 50 day moving average is $378.15 and its 200-day moving average is $363.72. The firm has a market capitalization of $101.19 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20.

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.