Strategic Financial Services Inc. Increases Stake in iShares Russell 1000 Growth ETF $IWF

Strategic Financial Services Inc. grew its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 296.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,239 shares of the exchange traded fund’s stock after acquiring an additional 6,908 shares during the period. Strategic Financial Services Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $1,147,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Arlington Trust Co LLC increased its stake 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 worth $778,000 after purchasing an additional 5,456 shares in the last quarter. Breakwater Capital Group lifted its stake in shares of iShares Russell 1000 Growth ETF by 302.1% during the 2nd quarter. Breakwater Capital Group now owns 189,130 shares of the exchange traded fund’s stock valued at $23,484,000 after buying an additional 142,091 shares in the last quarter. Tenzing Financial LLC bought a new position in iShares Russell 1000 Growth ETF in the 2nd quarter worth $594,000. First Bank & Trust boosted its holdings in iShares Russell 1000 Growth ETF by 300.0% in the 2nd quarter. First Bank & Trust now owns 10,376 shares of the exchange traded fund’s stock worth $1,288,000 after buying an additional 7,782 shares during the period. Finally, Baron Financial Group LLC boosted 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 buying an additional 21,694 shares during the period. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $123.41 on Monday. The stock has a fifty day simple moving average of $121.89 and a two-hundred day simple moving average of $118.78. The firm has a market capitalization of $126.45 billion, a PE ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.14.

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.