iShares Russell 1000 Growth ETF $IWF Shares Bought by LPL Financial LLC

LPL Financial LLC increased its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,755,659 shares of the exchange traded fund’s stock after purchasing an additional 63,975 shares during the period. LPL Financial LLC owned 1.46% of iShares Russell 1000 Growth ETF worth $1,777,554,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Breakwater Capital Group increased its position in iShares Russell 1000 Growth ETF by 3.0% during the third quarter. Breakwater Capital Group now owns 38,154 shares of the exchange traded fund’s stock worth $17,872,000 after purchasing an additional 1,095 shares during the last quarter. Bright Futures Wealth Management LLC. purchased a new position in iShares Russell 1000 Growth ETF during the third quarter worth about $532,000. 1ST Source Bank boosted its stake in iShares Russell 1000 Growth ETF by 0.8% during the third quarter. 1ST Source Bank now owns 568,098 shares of the exchange traded fund’s stock worth $266,103,000 after buying an additional 4,486 shares during the period. Fifth Third Wealth Advisors LLC boosted its stake in iShares Russell 1000 Growth ETF by 3.3% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 67,884 shares of the exchange traded fund’s stock worth $32,130,000 after buying an additional 2,139 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in iShares Russell 1000 Growth ETF by 59.3% during the fourth quarter. Farther Finance Advisors LLC now owns 46,216 shares of the exchange traded fund’s stock worth $21,874,000 after buying an additional 17,212 shares during the period. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock opened at $122.69 on Monday. The firm has a market cap of $128.14 billion, a PE ratio of 33.43 and a beta of 1.16. The company has a 50-day moving average of $118.80 and a two-hundred day moving average of $116.75. iShares Russell 1000 Growth ETF has a 1-year low of $100.47 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.