iShares Russell 1000 Growth ETF $IWF Stake Raised by Strategic Wealth Advisors LLC

Strategic Wealth Advisors LLC lifted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 404.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 23,316 shares of the exchange traded fund’s stock after purchasing an additional 18,695 shares during the period. iShares Russell 1000 Growth ETF comprises approximately 2.2% of Strategic Wealth Advisors LLC’s holdings, making the stock its 20th biggest holding. Strategic Wealth Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,921,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its stake in iShares Russell 1000 Growth ETF by 291.9% during the second quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock valued at $2,603,007,000 after acquiring an additional 15,614,625 shares in the last quarter. Baird Financial Group Inc. increased its holdings in iShares Russell 1000 Growth ETF by 312.9% during the 2nd quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock worth $1,438,978,000 after acquiring an additional 8,781,777 shares during the period. Signaturefd LLC bought a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $924,594,000. Commonwealth Equity Services LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $780,796,000. Finally, Cetera Investment Advisers lifted its stake in iShares Russell 1000 Growth ETF by 0.4% in the 1st quarter. Cetera Investment Advisers now owns 1,569,465 shares of the exchange traded fund’s stock worth $669,220,000 after purchasing an additional 6,404 shares in the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF opened at $116.19 on Friday. The company’s 50 day simple moving average is $122.34 and its two-hundred day simple moving average is $119.35. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.80. The stock has a market capitalization of $119.36 billion, a PE ratio of 26.29 and a beta of 1.17.

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.