Miracle Mile Advisors LLC Purchases 2,545 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Miracle Mile Advisors LLC raised its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 19.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,422 shares of the exchange traded fund’s stock after buying an additional 2,545 shares during the period. Miracle Mile Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $6,193,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IWF. Meeder Advisory Services Inc. grew its position in shares of iShares Russell 1000 Growth ETF by 48.9% in the 2nd quarter. Meeder Advisory Services Inc. now owns 989 shares of the exchange traded fund’s stock worth $361,000 after buying an additional 325 shares during the last quarter. Thoroughbred Financial Services LLC increased its holdings in iShares Russell 1000 Growth ETF by 411.6% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 5,668 shares of the exchange traded fund’s stock worth $2,066,000 after purchasing an additional 4,560 shares during the period. William Blair Investment Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the second quarter worth $27,417,000. Oppenheimer Asset Management Inc. increased its stake in shares of iShares Russell 1000 Growth ETF by 33.4% in the second quarter. Oppenheimer Asset Management Inc. now owns 24,715 shares of the exchange traded fund’s stock worth $9,009,000 after acquiring an additional 6,188 shares during the period. Finally, Williams Financial LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 2nd quarter worth about $241,000.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock traded down $1.48 during midday trading on Monday, hitting $396.67. 2,073,628 shares of the stock were exchanged, compared to its average volume of 1,698,669. The stock has a market cap of $104.94 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a fifty-two week low of $301.21 and a fifty-two week high of $419.53. The stock’s 50-day moving average price is $402.53 and its 200-day moving average price is $379.61.

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.