Maryland Capital Management Increases Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Maryland Capital Management lifted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 9.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,087 shares of the exchange traded fund’s stock after acquiring an additional 345 shares during the quarter. Maryland Capital Management’s holdings in iShares Russell 1000 Growth ETF were worth $618,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Moloney Securities Asset Management LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 1.0% during the 1st quarter. Moloney Securities Asset Management LLC now owns 6,742 shares of the exchange traded fund’s stock valued at $1,020,000 after acquiring an additional 66 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 1.2% during the 1st quarter. Gladstone Institutional Advisory LLC now owns 5,966 shares of the exchange traded fund’s stock valued at $903,000 after acquiring an additional 68 shares during the last quarter. Traverso Chambers Private Wealth Management LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 0.7% during the 1st quarter. Traverso Chambers Private Wealth Management LLC now owns 9,547 shares of the exchange traded fund’s stock valued at $1,445,000 after acquiring an additional 69 shares during the last quarter. Kistler Tiffany Companies LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 0.7% during the 1st quarter. Kistler Tiffany Companies LLC now owns 11,045 shares of the exchange traded fund’s stock valued at $1,672,000 after acquiring an additional 72 shares during the last quarter. Finally, Cypress Wealth Services LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 0.9% during the 1st quarter. Cypress Wealth Services LLC now owns 7,913 shares of the exchange traded fund’s stock valued at $1,198,000 after acquiring an additional 73 shares during the last quarter.

Shares of NYSEARCA IWF traded up $0.16 during midday trading on Friday, reaching $157.34. 7,981,035 shares of the stock traded hands, compared to its average volume of 1,795,912. iShares Russell 1000 Growth ETF has a one year low of $121.71 and a one year high of $159.82. The stock has a 50 day moving average of $153.86.

The company also recently announced a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Tuesday, June 18th were given a dividend of $0.4368 per share. This is an increase from iShares Russell 1000 Growth ETF’s previous quarterly dividend of $0.43. This represents a $1.75 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date was Monday, June 17th.

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.

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

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