Sanchez Wealth Management Group Has $38.97 Million Stock Position in iShares Russell 1000 Growth ETF $IWF

Sanchez Wealth Management Group lifted its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 83,201 shares of the exchange traded fund’s stock after buying an additional 1,383 shares during the quarter. iShares Russell 1000 Growth ETF accounts for about 8.7% of Sanchez Wealth Management Group’s investment portfolio, making the stock its 2nd largest holding. Sanchez Wealth Management Group’s holdings in iShares Russell 1000 Growth ETF were worth $38,972,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in IWF. Laurel Wealth Advisors LLC boosted its position in iShares Russell 1000 Growth ETF by 42,358.0% during the second quarter. Laurel Wealth Advisors LLC now owns 1,704,689 shares of the exchange traded fund’s stock valued at $723,777,000 after buying an additional 1,700,674 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of iShares Russell 1000 Growth ETF by 6.0% in the second quarter. JPMorgan Chase & Co. now owns 7,216,343 shares of the exchange traded fund’s stock worth $3,063,916,000 after buying an additional 411,172 shares during the period. Baird Financial Group Inc. boosted its holdings in iShares Russell 1000 Growth ETF by 15.8% during the 2nd quarter. Baird Financial Group Inc. now owns 2,729,778 shares of the exchange traded fund’s stock valued at $1,159,009,000 after acquiring an additional 372,064 shares during the period. Midwest Trust Co purchased a new stake in iShares Russell 1000 Growth ETF during the 2nd quarter valued at about $47,564,000. Finally, Waterway Wealth Management LLC grew its position in iShares Russell 1000 Growth ETF by 182.6% during the 3rd quarter. Waterway Wealth Management LLC now owns 151,373 shares of the exchange traded fund’s stock worth $70,905,000 after acquiring an additional 97,810 shares during the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $459.52 on Wednesday. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $493.00. The business’s 50 day simple moving average is $471.10 and its two-hundred day simple moving average is $465.14. The stock has a market capitalization of $118.19 billion, a P/E 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.