iShares Russell 1000 Growth ETF $IWF is Waterway Wealth Management LLC’s 2nd Largest Position

Waterway Wealth Management LLC grew its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 13.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 176,594 shares of the exchange traded fund’s stock after acquiring an additional 21,238 shares during the quarter. iShares Russell 1000 Growth ETF comprises about 13.8% of Waterway Wealth Management LLC’s holdings, making the stock its 2nd largest position. Waterway Wealth Management LLC owned 0.07% of iShares Russell 1000 Growth ETF worth $75,300,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of IWF. Bank of America Corp DE increased its holdings in shares of iShares Russell 1000 Growth ETF by 1.6% during 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 during the last quarter. Morgan Stanley boosted its holdings in iShares Russell 1000 Growth ETF by 2.2% in 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 during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares Russell 1000 Growth ETF by 1.0% in the fourth quarter. JPMorgan Chase & Co. now owns 7,496,501 shares of the exchange traded fund’s stock valued at $3,548,095,000 after acquiring an additional 70,843 shares during the last quarter. Northern Trust Corp grew its position in 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 valued at $2,631,745,000 after acquiring an additional 101,545 shares during the period. Finally, LPL Financial LLC grew its position in 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 valued at $1,777,554,000 after acquiring an additional 63,975 shares during the period. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA:IWF opened at $118.10 on Friday. The business has a 50-day moving average of $122.49 and a two-hundred day moving average of $117.14. The firm has a market capitalization of $123.34 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 12 month low of $102.23 and a 12 month high of $129.14.

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.