Drive Wealth Management LLC raised its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 1.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,032 shares of the exchange traded fund’s stock after buying an additional 30 shares during the period. Drive Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,287,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC lifted its position in 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 valued at $7,579,274,000 after buying an additional 17,848,756 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of iShares Russell 1000 Growth ETF by 0.7% during the first quarter. Goldman Sachs Group Inc. now owns 9,688,217 shares of the exchange traded fund’s stock valued at $3,498,319,000 after purchasing an additional 68,243 shares during the period. Northern Trust Corp raised its stake in shares of iShares Russell 1000 Growth ETF by 4.3% during the first quarter. Northern Trust Corp now owns 5,109,809 shares of the exchange traded fund’s stock valued at $1,845,101,000 after purchasing an additional 208,598 shares during the period. LPL Financial LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 4.2% during the first quarter. LPL Financial LLC now owns 3,280,071 shares of the exchange traded fund’s stock valued at $1,184,401,000 after purchasing an additional 133,621 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 3.6% during the first quarter. Commonwealth Equity Services LLC now owns 2,173,269 shares of the exchange traded fund’s stock valued at $784,746,000 after purchasing an additional 75,027 shares during the period. 75.33% of the stock is owned by institutional investors and hedge funds.
iShares Russell 1000 Growth ETF Stock Up 0.5%
IWF opened at $467.12 on Monday. The firm has a market capitalization of $120.98 billion, a P/E ratio of 33.43 and a beta of 1.08. The firm’s 50 day moving average is $457.96 and its 200-day moving average is $419.07. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $476.74.
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.
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