Optimum Investment Advisors Grows Position in iShares Russell 1000 Growth Index (IWF)

Optimum Investment Advisors boosted its holdings in iShares Russell 1000 Growth Index (NYSEARCA:IWF) by 5.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,592 shares of the exchange traded fund’s stock after purchasing an additional 1,049 shares during the quarter. iShares Russell 1000 Growth Index comprises 0.9% of Optimum Investment Advisors’ investment portfolio, making the stock its 22nd largest holding. Optimum Investment Advisors’ holdings in iShares Russell 1000 Growth Index were worth $2,700,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in IWF. Clear Perspective Advisors LLC purchased a new stake in iShares Russell 1000 Growth Index in the 3rd quarter valued at $106,000. Motco increased its stake in iShares Russell 1000 Growth Index by 86.3% in the 3rd quarter. Motco now owns 857 shares of the exchange traded fund’s stock valued at $107,000 after buying an additional 397 shares during the period. Farmers National Bank increased its stake in iShares Russell 1000 Growth Index by 15.0% in the 2nd quarter. Farmers National Bank now owns 1,498 shares of the exchange traded fund’s stock valued at $178,000 after buying an additional 195 shares during the period. TCI Wealth Advisors Inc. increased its stake in iShares Russell 1000 Growth Index by 16.7% in the 2nd quarter. TCI Wealth Advisors Inc. now owns 1,661 shares of the exchange traded fund’s stock valued at $198,000 after buying an additional 238 shares during the period. Finally, Fiduciary Trust Co. acquired a new position in iShares Russell 1000 Growth Index in the 2nd quarter valued at $201,000.

Shares of iShares Russell 1000 Growth Index (IWF) traded up $1.23 on Friday, reaching $135.41. 1,452,300 shares of the company’s stock traded hands, compared to its average volume of 1,522,283. iShares Russell 1000 Growth Index has a 12 month low of $104.59 and a 12 month high of $134.96.

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iShares Russell 1000 Growth Index 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.

Institutional Ownership by Quarter for iShares Russell 1000 Growth Index (NYSEARCA:IWF)

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