Providence Financial Advisors LLC Buys Shares of 4,595 iShares Russell 1000 Growth ETF $IWF

Providence Financial Advisors LLC purchased a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,595 shares of the exchange traded fund’s stock, valued at approximately $2,152,000. iShares Russell 1000 Growth ETF accounts for approximately 2.1% of Providence Financial Advisors LLC’s investment portfolio, making the stock its 11th largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWF. JPMorgan Chase & Co. raised its stake in iShares Russell 1000 Growth ETF by 2.9% in the third quarter. JPMorgan Chase & Co. now owns 7,425,658 shares of the exchange traded fund’s stock worth $3,478,253,000 after buying an additional 209,315 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares Russell 1000 Growth ETF by 1.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,285,390 shares of the exchange traded fund’s stock worth $2,244,071,000 after purchasing an additional 70,645 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in iShares Russell 1000 Growth ETF by 0.4% during the second quarter. PNC Financial Services Group Inc. now owns 3,112,830 shares of the exchange traded fund’s stock valued at $1,321,645,000 after purchasing an additional 13,758 shares in the last quarter. Baird Financial Group Inc. grew its stake in iShares Russell 1000 Growth ETF by 15.8% in the second 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 purchasing an additional 372,064 shares during the last quarter. Finally, M&T Bank Corp raised its holdings in iShares Russell 1000 Growth ETF by 1.1% in the second quarter. M&T Bank Corp now owns 2,560,776 shares of the exchange traded fund’s stock worth $1,087,303,000 after purchasing an additional 27,927 shares in the last quarter. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock opened at $447.17 on Monday. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $493.00. The firm has a market cap of $115.01 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. The firm has a 50-day simple moving average of $469.53 and a two-hundred day simple moving average of $465.37.

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.