iShares Russell 1000 Growth ETF $IWF Shares Bought by Clearstead Trust LLC

Clearstead Trust LLC increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 21.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 58,345 shares of the exchange traded fund’s stock after purchasing an additional 10,149 shares during the quarter. iShares Russell 1000 Growth ETF comprises 4.1% of Clearstead Trust LLC’s investment portfolio, making the stock its 5th largest holding. Clearstead Trust LLC’s holdings in iShares Russell 1000 Growth ETF were worth $24,878,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of IWF. Bank of America Corp DE boosted its stake in iShares Russell 1000 Growth ETF by 1.6% during the fourth 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 acquiring an additional 443,914 shares in the last quarter. Morgan Stanley increased its stake 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 purchasing an additional 587,889 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares Russell 1000 Growth ETF by 1.0% during 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 purchasing an additional 70,843 shares during the period. Northern Trust Corp raised its holdings in shares of 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 purchasing an additional 101,545 shares during the period. Finally, LPL Financial LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 1.7% during the 4th quarter. LPL Financial LLC now owns 3,755,659 shares of the exchange traded fund’s stock worth $1,777,554,000 after purchasing an additional 63,975 shares in the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $121.20 on Friday. The company’s 50-day moving average is $123.35 and its 200-day moving average is $117.51. The stock has a market capitalization of $125.21 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year 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.