Focus Financial Network Inc. Has $2.24 Million Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Focus Financial Network Inc. increased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 6.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,204 shares of the exchange traded fund’s stock after purchasing an additional 389 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $2,240,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. Bank of America Corp DE boosted its holdings in shares of iShares Russell 1000 Growth ETF by 1.5% during the fourth quarter. Bank of America Corp DE now owns 30,562,347 shares of the exchange traded fund’s stock worth $12,273,227,000 after purchasing an additional 456,535 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of iShares Russell 1000 Growth ETF by 5.2% during the fourth quarter. JPMorgan Chase & Co. now owns 7,116,045 shares of the exchange traded fund’s stock worth $2,857,662,000 after purchasing an additional 349,222 shares during the period. Envestnet Asset Management Inc. lifted its stake in iShares Russell 1000 Growth ETF by 3.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,383,487 shares of the exchange traded fund’s stock valued at $2,161,901,000 after acquiring an additional 157,559 shares during the last quarter. Northern Trust Corp lifted its stake in iShares Russell 1000 Growth ETF by 4.3% in the fourth quarter. Northern Trust Corp now owns 4,901,211 shares of the exchange traded fund’s stock valued at $1,968,228,000 after acquiring an additional 202,927 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its stake in iShares Russell 1000 Growth ETF by 9.8% in the fourth quarter. Wells Fargo & Company MN now owns 4,514,226 shares of the exchange traded fund’s stock valued at $1,812,823,000 after acquiring an additional 402,405 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Down 0.3%

NYSEARCA IWF opened at $409.17 on Thursday. The stock has a market capitalization of $107.84 billion, a PE ratio of 32.66 and a beta of 1.15. The company has a 50 day moving average price of $375.47 and a two-hundred day moving average price of $389.60. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $419.53.

About iShares Russell 1000 Growth ETF

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.