Commonwealth Equity Services LLC Acquires 6,233,403 Shares of iShares Russell 1000 Growth ETF $IWF

Commonwealth Equity Services LLC acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 6,233,403 shares of the exchange traded fund’s stock, valued at approximately $780,796,000. iShares Russell 1000 Growth ETF accounts for 1.0% of Commonwealth Equity Services LLC’s portfolio, making the stock its 11th largest holding.

Several other large investors also recently modified their holdings of the stock. Main Street Group LTD bought a new stake in shares of iShares Russell 1000 Growth ETF during the 1st quarter worth about $64,000. GKV Capital Management Co. Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF during the 1st quarter worth about $85,000. Roxbury Financial LLC grew its stake in iShares Russell 1000 Growth ETF by 300.0% in the 2nd quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 162 shares during the last quarter. Godsey & Gibb Inc. acquired a new position in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $29,000. Finally, Byrne Asset Management LLC grew its stake in iShares Russell 1000 Growth ETF by 300.0% in the 2nd quarter. Byrne Asset Management LLC now owns 236 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 177 shares during the last quarter. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Down 6.4%

iShares Russell 1000 Growth ETF stock opened at $110.36 on Friday. The company’s 50-day moving average price is $123.11 and its two-hundred day moving average price is $119.39. The stock has a market cap of $112.89 billion, a P/E ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month high of $129.80.

About iShares Russell 1000 Growth ETF

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.