iShares Russell 1000 Growth ETF $IWF Shares Bought by MOR Wealth Management LLC

MOR Wealth Management LLC lifted its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 261.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 192,949 shares of the exchange traded fund’s stock after purchasing an additional 139,506 shares during the period. iShares Russell 1000 Growth ETF comprises 9.6% of MOR Wealth Management LLC’s portfolio, making the stock its 2nd largest position. MOR Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $23,959,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE lifted its holdings in iShares Russell 1000 Growth ETF by 1.6% in the 4th quarter. Bank of America Corp DE now owns 28,021,788 shares of the exchange traded fund’s stock worth $13,262,712,000 after buying an additional 443,914 shares in the last quarter. Morgan Stanley grew its stake in shares of iShares Russell 1000 Growth ETF by 2.2% during the fourth quarter. Morgan Stanley now owns 27,636,174 shares of the exchange traded fund’s stock valued at $13,080,203,000 after acquiring an additional 587,889 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Russell 1000 Growth ETF by 1.0% during the fourth quarter. JPMorgan Chase & Co. now owns 7,496,501 shares of the exchange traded fund’s stock worth $3,548,095,000 after acquiring an additional 70,843 shares during the last quarter. Northern Trust Corp increased its position in shares of iShares Russell 1000 Growth ETF by 1.9% during the fourth quarter. Northern Trust Corp now owns 5,560,417 shares of the exchange traded fund’s stock worth $2,631,745,000 after acquiring an additional 101,545 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of iShares Russell 1000 Growth ETF by 1.7% during the fourth quarter. LPL Financial LLC now owns 3,755,659 shares of the exchange traded fund’s stock worth $1,777,554,000 after acquiring an additional 63,975 shares during the last quarter. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $123.41 on Friday. The company has a market capitalization of $126.45 billion, a P/E ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14. The stock has a 50-day moving average price of $121.89 and a 200 day moving average price of $118.73.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.