Norris Financial Group LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) in the first quarter, Holdings Channel.com reports. The firm acquired 5,726 shares of the exchange traded fund’s stock, valued at approximately $2,442,000.
A number of other institutional investors have also added to or reduced their stakes in the company. 71 West Capital Partners acquired a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at approximately $385,150,000. OpenArc Corporate Advisory LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth approximately $376,761,000. Dynasty Wealth Management LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 1,752.6% during the 4th quarter. Dynasty Wealth Management LLC now owns 657,578 shares of the exchange traded fund’s stock worth $311,232,000 after purchasing an additional 622,083 shares in the last quarter. Fifth Third Bancorp increased its position in shares of iShares Russell 1000 Growth ETF by 153.2% during the first quarter. Fifth Third Bancorp now owns 983,920 shares of the exchange traded fund’s stock valued at $419,544,000 after purchasing an additional 595,395 shares during the period. Finally, Morgan Stanley increased its position in shares of iShares Russell 1000 Growth ETF by 2.2% during the fourth quarter. Morgan Stanley now owns 27,636,174 shares of the exchange traded fund’s stock valued at $13,080,203,000 after purchasing an additional 587,889 shares during the period. 75.33% of the stock is owned by institutional investors and hedge funds.
iShares Russell 1000 Growth ETF Trading Up 3.0%
Shares of NYSEARCA IWF opened at $117.43 on Friday. The firm has a market capitalization of $120.24 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14. The business has a fifty day simple moving average of $122.17 and a 200 day simple moving average of $117.48.
iShares Russell 1000 Growth ETF 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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.
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Want to see what other hedge funds are holding IWF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report).
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