MTM Investment Management LLC Has $4.89 Million Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

MTM Investment Management LLC increased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,165 shares of the exchange traded fund’s stock after purchasing an additional 65 shares during the period. iShares Russell 1000 Growth ETF makes up approximately 1.9% of MTM Investment Management LLC’s investment portfolio, making the stock its 11th largest holding. MTM Investment Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $4,885,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Truvestments Capital LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth about $27,000. Signature Resources Capital Management LLC bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth about $28,000. ORG Wealth Partners LLC bought a new stake in iShares Russell 1000 Growth ETF during the third quarter worth about $31,000. Peterson Wealth Services bought a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $35,000. Finally, Capital Performance Advisors LLP bought a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $51,000.

iShares Russell 1000 Growth ETF Stock Down 0.1 %

NYSEARCA:IWF opened at $410.62 on Thursday. The stock’s 50 day moving average price is $408.82 and its two-hundred day moving average price is $385.65. The firm has a market capitalization of $108.63 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 12-month low of $315.24 and a 12-month high of $419.53.

iShares Russell 1000 Growth ETF Company 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.