NWF Advisory Services Inc. Purchases 4,447 Shares of iShares Russell 1000 Growth ETF $IWF

NWF Advisory Services Inc. raised its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 288.2% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 5,990 shares of the exchange traded fund’s stock after acquiring an additional 4,447 shares during the period. NWF Advisory Services Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $744,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of 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 valued at $13,262,712,000 after buying an additional 443,914 shares in the last quarter. 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 worth $13,080,203,000 after acquiring an additional 587,889 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Russell 1000 Growth ETF by 1.0% during the fourth quarter. JPMorgan Chase & Co. now owns 7,496,501 shares of the exchange traded fund’s stock worth $3,548,095,000 after acquiring an additional 70,843 shares in the last quarter. Northern Trust Corp increased its position in shares of iShares Russell 1000 Growth ETF by 1.9% during the fourth quarter. Northern Trust Corp now owns 5,560,417 shares of the exchange traded fund’s stock worth $2,631,745,000 after acquiring an additional 101,545 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 1.7% in 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 acquiring 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. iShares Russell 1000 Growth ETF has a fifty-two week low of $102.23 and a fifty-two week high of $129.14. The stock has a market cap of $126.45 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. The firm’s 50-day simple moving average is $121.89 and its 200 day simple moving average is $118.73.

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.