Elk River Wealth Management LLC Has $418,000 Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Elk River Wealth Management LLC increased its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 23.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 1,113 shares of the exchange traded fund’s stock after acquiring an additional 212 shares during the period. Elk River Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $418,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. AAF Wealth Management LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 0.9% in the second quarter. AAF Wealth Management LLC now owns 3,055 shares of the exchange traded fund’s stock valued at $1,113,000 after acquiring an additional 28 shares during the period. Nvwm LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 44.9% in the first quarter. Nvwm LLC now owns 100 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 31 shares during the period. Atomi Financial Group Inc. boosted its position in shares of iShares Russell 1000 Growth ETF by 1.0% in the second quarter. Atomi Financial Group Inc. now owns 3,084 shares of the exchange traded fund’s stock valued at $1,124,000 after acquiring an additional 31 shares during the period. Mayfair Advisory Group LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 5.2% in the second quarter. Mayfair Advisory Group LLC now owns 643 shares of the exchange traded fund’s stock valued at $242,000 after acquiring an additional 32 shares during the period. Finally, MTM Investment Management LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 0.3% in the second quarter. MTM Investment Management LLC now owns 12,198 shares of the exchange traded fund’s stock valued at $4,446,000 after acquiring an additional 32 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF traded up $3.63 during mid-day trading on Monday, hitting $383.64. The company’s stock had a trading volume of 106,676 shares, compared to its average volume of 1,319,969. The stock’s 50-day moving average is $363.35 and its two-hundred day moving average is $353.70. iShares Russell 1000 Growth ETF has a one year low of $256.01 and a one year high of $384.33. The firm has a market capitalization of $101.49 billion, a PE 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.