Brown Brothers Harriman & Co. Raises Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Brown Brothers Harriman & Co. increased its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 9.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 24,925 shares of the exchange traded fund’s stock after purchasing an additional 2,170 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in iShares Russell 1000 Growth ETF were worth $10,009,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Independent Advisor Alliance lifted its position in shares of iShares Russell 1000 Growth ETF by 8.4% during the third quarter. Independent Advisor Alliance now owns 1,125 shares of the exchange traded fund’s stock valued at $422,000 after buying an additional 87 shares during the last quarter. Truvestments Capital LLC purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter valued at approximately $27,000. Quantbot Technologies LP acquired a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $1,352,000. Townsquare Capital LLC grew its holdings in iShares Russell 1000 Growth ETF by 14.9% in the third quarter. Townsquare Capital LLC now owns 14,955 shares of the exchange traded fund’s stock worth $5,614,000 after purchasing an additional 1,936 shares during the last quarter. Finally, Freedom Investment Management Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth $346,000.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock opened at $360.54 on Friday. iShares Russell 1000 Growth ETF has a 1-year low of $315.24 and a 1-year high of $419.53. The business has a fifty day moving average price of $394.14 and a 200-day moving average price of $392.18. The stock has a market capitalization of $94.55 billion, a price-to-earnings ratio of 31.83 and a beta of 1.11.

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.