98,010 Shares in iShares Russell 1000 Growth ETF $IWF Bought by Highland Investment Advisors LLC

Highland Investment Advisors LLC bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 98,010 shares of the exchange traded fund’s stock, valued at approximately $12,170,000. iShares Russell 1000 Growth ETF accounts for 5.3% of Highland Investment Advisors LLC’s holdings, making the stock its 5th biggest holding.

A number of other institutional investors have also recently made changes to their positions in IWF. Bank of America Corp DE lifted its stake in shares of iShares Russell 1000 Growth ETF by 1.6% in the fourth quarter. Bank of America Corp DE now owns 28,021,788 shares of the exchange traded fund’s stock worth $13,262,712,000 after acquiring an additional 443,914 shares during the period. Morgan Stanley increased its position in iShares Russell 1000 Growth ETF by 2.2% during the 4th 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. JPMorgan Chase & Co. increased its position in iShares Russell 1000 Growth ETF by 1.0% during the 4th quarter. JPMorgan Chase & Co. now owns 7,496,501 shares of the exchange traded fund’s stock valued at $3,548,095,000 after purchasing an additional 70,843 shares during the period. Northern Trust Corp increased its position in iShares Russell 1000 Growth ETF by 1.9% during the 4th quarter. Northern Trust Corp now owns 5,560,417 shares of the exchange traded fund’s stock valued at $2,631,745,000 after purchasing an additional 101,545 shares during the period. Finally, LPL Financial LLC raised its holdings in iShares Russell 1000 Growth ETF by 1.7% during the 4th quarter. LPL Financial LLC now owns 3,755,659 shares of the exchange traded fund’s stock worth $1,777,554,000 after purchasing an additional 63,975 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $123.41 on Friday. The company has a market capitalization of $126.45 billion, a P/E ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.14. The company’s 50 day moving average price is $121.89 and its 200-day moving average price is $118.73.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.