Rockland Trust Co. Raises Stock Holdings in iShares Russell 1000 Growth ETF $IWF

Rockland Trust Co. grew its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 263.6% in the second quarter, Holdings Channel reports. The fund owned 17,920 shares of the exchange traded fund’s stock after buying an additional 12,992 shares during the quarter. Rockland Trust Co.’s holdings in iShares Russell 1000 Growth ETF were worth $2,225,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Godsey & Gibb Inc. purchased a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth $27,000. Concord Wealth Partners grew its holdings in shares of iShares Russell 1000 Growth ETF by 210.0% in the fourth quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 42 shares during the last quarter. Reyes Financial Architecture Inc. purchased a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth about $30,000. MBM Wealth Consultants LLC purchased a new position in iShares Russell 1000 Growth ETF in the 1st quarter worth about $28,000. Finally, Networth Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF during the 4th quarter valued at about $32,000. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock opened at $124.60 on Friday. The stock has a market cap of $127.67 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.14. The firm has a 50-day moving average of $121.75 and a two-hundred day moving average of $117.67.

About iShares Russell 1000 Growth ETF

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.