iShares Russell 1000 Growth ETF $IWF Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans increased its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 49.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 200,382 shares of the exchange traded fund’s stock after buying an additional 66,121 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares Russell 1000 Growth ETF were worth $93,861,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Endowment Wealth Management Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter valued at about $210,000. Dynasty Wealth Management LLC acquired a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $16,626,000. First Horizon Corp purchased a new position in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $39,629,000. Advyzon Investment Management LLC acquired a new position in iShares Russell 1000 Growth ETF during the second quarter valued at approximately $615,000. Finally, Permanent Capital Management LP acquired a new position in iShares Russell 1000 Growth ETF during the third quarter valued at approximately $4,100,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 0.7%

Shares of iShares Russell 1000 Growth ETF stock opened at $465.95 on Friday. The company has a fifty day moving average price of $473.34 and a 200 day moving average price of $463.83. iShares Russell 1000 Growth ETF has a twelve month low of $308.67 and a twelve month high of $493.00. The stock has a market cap of $120.31 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13.

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.