Park Avenue Securities LLC Raises Holdings in iShares Russell 1000 Growth ETF $IWF

Park Avenue Securities LLC grew its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 97,704 shares of the exchange traded fund’s stock after buying an additional 3,285 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares Russell 1000 Growth ETF were worth $46,243,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of IWF. Holos Integrated Wealth LLC purchased a new position in iShares Russell 1000 Growth ETF in the fourth quarter worth $35,000. Manning & Napier Advisors LLC acquired a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at $47,000. Flagship Wealth Advisors LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 131.9% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 62 shares in the last quarter. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth $53,000. Finally, Capital A Wealth Management LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 298.1% during the 2nd quarter. Capital A Wealth Management LLC now owns 207 shares of the exchange traded fund’s stock worth $88,000 after purchasing an additional 155 shares during the period. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Down 0.4%

Shares of IWF opened at $435.42 on Friday. The company has a 50-day simple moving average of $456.91 and a 200-day simple moving average of $465.78. The company has a market capitalization of $111.99 billion, a PE ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $493.00.

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.