Independence Bank of Kentucky Has $4.07 Million Holdings in iShares Russell 1000 Growth ETF $IWF

Independence Bank of Kentucky raised its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 309.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,781 shares of the exchange traded fund’s stock after buying an additional 24,778 shares during the period. Independence Bank of Kentucky’s holdings in iShares Russell 1000 Growth ETF were worth $4,070,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Stairway Partners LLC raised its stake in iShares Russell 1000 Growth ETF by 294.0% in the 2nd quarter. Stairway Partners LLC now owns 1,579,113 shares of the exchange traded fund’s stock valued at $196,078,000 after acquiring an additional 1,178,345 shares during the period. 71 West Capital Partners acquired a new stake in iShares Russell 1000 Growth ETF during the 4th quarter valued at $385,150,000. OpenArc Corporate Advisory LLC bought a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth $376,761,000. Dynasty Wealth Management LLC boosted its position in iShares Russell 1000 Growth ETF by 1,752.6% during the fourth quarter. Dynasty Wealth Management LLC now owns 657,578 shares of the exchange traded fund’s stock worth $311,232,000 after purchasing an additional 622,083 shares during the period. Finally, Fifth Third Bancorp increased its holdings in shares of iShares Russell 1000 Growth ETF by 153.2% in the first quarter. Fifth Third Bancorp now owns 983,920 shares of the exchange traded fund’s stock valued at $419,544,000 after purchasing an additional 595,395 shares during the last quarter. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA:IWF opened at $121.21 on Wednesday. The company has a market cap of $124.19 billion, a P/E ratio of 33.43 and a beta of 1.17. The firm’s fifty day moving average price is $121.65 and its two-hundred day moving average price is $118.55. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14.

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.