Concurrent Investment Advisors LLC Increases Position in iShares Russell 1000 Growth ETF $IWF

Concurrent Investment Advisors LLC increased its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 467.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 348,273 shares of the exchange traded fund’s stock after purchasing an additional 286,856 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $43,245,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Arlington Trust Co LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 671.9% in the second quarter. Arlington Trust Co LLC now owns 6,268 shares of the exchange traded fund’s stock valued at $778,000 after acquiring an additional 5,456 shares in the last quarter. Breakwater Capital Group grew its position in shares of iShares Russell 1000 Growth ETF by 302.1% during the second quarter. Breakwater Capital Group now owns 189,130 shares of the exchange traded fund’s stock worth $23,484,000 after purchasing an additional 142,091 shares in the last quarter. Tenzing Financial LLC bought a new stake in iShares Russell 1000 Growth ETF during the 2nd quarter valued at approximately $594,000. First Bank & Trust raised its stake in iShares Russell 1000 Growth ETF by 300.0% during the 2nd quarter. First Bank & Trust now owns 10,376 shares of the exchange traded fund’s stock valued at $1,288,000 after purchasing an additional 7,782 shares during the period. Finally, Baron Financial Group LLC lifted its holdings in iShares Russell 1000 Growth ETF by 294.0% in the 2nd quarter. Baron Financial Group LLC now owns 29,072 shares of the exchange traded fund’s stock worth $3,610,000 after purchasing an additional 21,694 shares in the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $123.43 on Friday. iShares Russell 1000 Growth ETF has a 1-year low of $102.23 and a 1-year high of $129.14. The company has a market capitalization of $126.47 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. The business has a 50 day simple moving average of $121.80 and a two-hundred day simple moving average of $118.70.

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.