Traders Buy iShares Russell 1000 Growth ETF (IWF) on Weakness

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Investors purchased shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) on weakness during trading on Friday. $183.53 million flowed into the stock on the tick-up and $41.15 million flowed out of the stock on the tick-down, for a money net flow of $142.38 million into the stock. Of all companies tracked, iShares Russell 1000 Growth ETF had the 6th highest net in-flow for the day. iShares Russell 1000 Growth ETF traded down ($0.30) for the day and closed at $153.17

Large investors have recently added to or reduced their stakes in the stock. Riverhead Capital Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the second quarter valued at about $101,000. Fortis Advisors LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 600.8% during the second quarter. Fortis Advisors LLC now owns 848 shares of the exchange traded fund’s stock valued at $121,000 after buying an additional 727 shares during the last quarter. BerganKDV Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the second quarter valued at about $122,000. Tyers Asset Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the second quarter valued at about $127,000. Finally, Trust Co. of Vermont lifted its position in shares of iShares Russell 1000 Growth ETF by 177.4% during the first quarter. Trust Co. of Vermont now owns 910 shares of the exchange traded fund’s stock valued at $124,000 after buying an additional 582 shares during the last quarter.

About iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

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.

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