Maxele Advisors LLC Takes $1.36 Million Position in iShares Russell 1000 Growth ETF $IWF

Maxele Advisors LLC bought a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,892 shares of the exchange traded fund’s stock, valued at approximately $1,355,000. iShares Russell 1000 Growth ETF makes up about 1.2% of Maxele Advisors LLC’s holdings, making the stock its 29th biggest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in iShares Russell 1000 Growth ETF by 2.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,425,658 shares of the exchange traded fund’s stock worth $3,478,253,000 after purchasing an additional 209,315 shares in the last quarter. Baird Financial Group Inc. grew its position in shares of iShares Russell 1000 Growth ETF by 15.8% during 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 in the last quarter. M&T Bank Corp increased its holdings in shares of 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 during the last quarter. Laurel Wealth Advisors LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 42,358.0% in the second quarter. Laurel Wealth Advisors LLC now owns 1,704,689 shares of the exchange traded fund’s stock worth $723,777,000 after purchasing an additional 1,700,674 shares during the last quarter. Finally, Focus Partners Wealth lifted its position in shares of iShares Russell 1000 Growth ETF by 75.0% in the third quarter. Focus Partners Wealth now owns 1,324,870 shares of the exchange traded fund’s stock worth $620,714,000 after buying an additional 568,001 shares in the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 1.2%

Shares of iShares Russell 1000 Growth ETF stock opened at $443.56 on Tuesday. The stock has a 50 day moving average of $459.10 and a 200 day moving average of $466.21. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $493.00. The firm has a market cap of $114.08 billion, a PE ratio of 33.43 and a beta of 1.13.

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.