Exchange Capital Management Inc. Has $277,000 Position in iShares Russell 1000 Growth ETF $IWF

Exchange Capital Management Inc. grew its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 7.0% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 653 shares of the exchange traded fund’s stock after buying an additional 43 shares during the quarter. Exchange Capital Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $277,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 722,329.3% in 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 acquiring an additional 17,848,756 shares during the last quarter. Goldman Sachs Group Inc. raised its position in iShares Russell 1000 Growth ETF by 0.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,688,217 shares of the exchange traded fund’s stock worth $3,498,319,000 after purchasing an additional 68,243 shares during the last quarter. Northern Trust Corp lifted its holdings in iShares Russell 1000 Growth ETF by 4.3% during the 1st quarter. Northern Trust Corp now owns 5,109,809 shares of the exchange traded fund’s stock worth $1,845,101,000 after buying an additional 208,598 shares in the last quarter. LPL Financial LLC lifted its holdings in iShares Russell 1000 Growth ETF by 4.2% during the 1st quarter. LPL Financial LLC now owns 3,280,071 shares of the exchange traded fund’s stock worth $1,184,401,000 after buying an additional 133,621 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in iShares Russell 1000 Growth ETF by 3.6% in the 1st quarter. Commonwealth Equity Services LLC now owns 2,173,269 shares of the exchange traded fund’s stock valued at $784,746,000 after buying an additional 75,027 shares during the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA IWF opened at $469.94 on Friday. The stock has a market capitalization of $122.47 billion, a P/E ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 52 week low of $308.67 and a 52 week high of $473.82. The stock has a fifty day moving average of $452.30 and a 200-day moving average of $411.37.

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.