iShares Russell 1000 Growth ETF $IWF Shares Acquired by GGM Financials LLC

GGM Financials LLC increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 318.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,091 shares of the exchange traded fund’s stock after acquiring an additional 4,637 shares during the quarter. GGM Financials LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,586,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC increased its holdings in iShares Russell 1000 Growth ETF by 722,329.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 17,851,227 shares of the exchange traded fund’s stock worth $7,579,274,000 after acquiring an additional 17,848,756 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in iShares Russell 1000 Growth ETF by 0.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,688,217 shares of the exchange traded fund’s stock worth $3,498,319,000 after acquiring an additional 68,243 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares Russell 1000 Growth ETF by 1.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,285,390 shares of the exchange traded fund’s stock worth $2,244,071,000 after acquiring an additional 70,645 shares in the last quarter. Northern Trust Corp increased its holdings in iShares Russell 1000 Growth ETF by 4.3% in the 1st quarter. Northern Trust Corp now owns 5,109,809 shares of the exchange traded fund’s stock worth $1,845,101,000 after acquiring an additional 208,598 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in iShares Russell 1000 Growth ETF by 4.2% in the 1st quarter. LPL Financial LLC now owns 3,280,071 shares of the exchange traded fund’s stock worth $1,184,401,000 after acquiring an additional 133,621 shares in the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $485.02 on Tuesday. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $485.54. The firm has a market cap of $125.67 billion, a PE ratio of 33.43 and a beta of 1.13. The firm has a fifty day moving average of $461.07 and a 200 day moving average of $424.95.

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.