Peddock Capital Advisors LLC Buys New Position in iShares Russell 1000 Growth ETF $IWF

Peddock Capital Advisors LLC bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 27,889 shares of the exchange traded fund’s stock, valued at approximately $3,493,000.

A number of other hedge funds also recently added to or reduced their stakes in IWF. Roxbury Financial LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 300.0% in the second quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 162 shares in the last quarter. MBM Wealth Consultants LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the first quarter valued at $28,000. Richards Merrill & Peterson Inc. raised its stake in shares of iShares Russell 1000 Growth ETF by 76.9% in the first quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 30 shares in the last quarter. Byrne Asset Management LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 300.0% in the second quarter. Byrne Asset Management LLC now owns 236 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 177 shares in the last quarter. Finally, Godsey & Gibb Inc. purchased a new position in iShares Russell 1000 Growth ETF in the third quarter valued at $29,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Down 2.2%

NYSEARCA:IWF traded down $2.76 during midday trading on Friday, reaching $121.48. The company had a trading volume of 9,436,019 shares, compared to its average volume of 7,515,707. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.80. The firm has a market capitalization of $123.84 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. The stock’s fifty day simple moving average is $124.14 and its 200-day simple moving average is $121.63.

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.