Principal Financial Group Inc. Raises Stock Holdings in iShares Russell 1000 Growth ETF $IWF

Principal Financial Group Inc. grew its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 40.7% in the first quarter, according to its most recent filing with the SEC. The fund owned 134,150 shares of the exchange traded fund’s stock after acquiring an additional 38,795 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $57,204,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of IWF. Godsey & Gibb Inc. bought a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at about $27,000. MBM Wealth Consultants LLC bought a new stake in iShares Russell 1000 Growth ETF during the first quarter worth approximately $28,000. Concord Wealth Partners raised its position in iShares Russell 1000 Growth ETF by 210.0% during the fourth quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 42 shares during the period. Richards Merrill & Peterson Inc. raised its position in iShares Russell 1000 Growth ETF by 76.9% during the first quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 30 shares during the period. Finally, Reyes Financial Architecture Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth approximately $30,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $119.38 on Friday. The stock has a market cap of $123.33 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. The stock has a 50 day moving average price of $123.27 and a 200-day moving average price of $117.53. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year 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.