ERn Financial LLC Buys New Position in iShares Russell 1000 Growth ETF $IWF

ERn Financial LLC purchased a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 490 shares of the exchange traded fund’s stock, valued at approximately $208,000.

A number of other hedge funds and other institutional investors have also modified their holdings of IWF. Kingstone Capital Partners Texas LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 722,329.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 17,851,227 shares of the exchange traded fund’s stock worth $7,579,274,000 after purchasing an additional 17,848,756 shares during the last quarter. Nuveen LLC purchased a new position in iShares Russell 1000 Growth ETF during the first quarter worth about $424,812,000. Wellington Management Group LLP lifted its position in iShares Russell 1000 Growth ETF by 311.4% during the first quarter. Wellington Management Group LLP now owns 1,285,798 shares of the exchange traded fund’s stock worth $464,289,000 after buying an additional 973,250 shares during the period. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in iShares Russell 1000 Growth ETF by 36,009.0% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 494,693 shares of the exchange traded fund’s stock worth $178,629,000 after buying an additional 493,323 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in iShares Russell 1000 Growth ETF by 4.3% in the 1st quarter. Northern Trust Corp now owns 5,109,809 shares of the exchange traded fund’s stock valued at $1,845,101,000 after buying an additional 208,598 shares during the period. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF opened at $464.84 on Monday. The company has a market cap of $121.49 billion, a P/E ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $473.01. The company has a 50-day moving average of $448.99 and a 200-day moving average of $408.42.

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.