11,620 Shares in iShares Russell 1000 Growth ETF $IWF Purchased by Steph & Co.

Steph & Co. acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,620 shares of the exchange traded fund’s stock, valued at approximately $1,456,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Arlington Trust Co LLC increased its holdings in iShares Russell 1000 Growth ETF by 671.9% in the 2nd quarter. Arlington Trust Co LLC now owns 6,268 shares of the exchange traded fund’s stock worth $778,000 after acquiring an additional 5,456 shares in the last quarter. Breakwater Capital Group lifted its holdings in iShares Russell 1000 Growth ETF by 302.1% during the second quarter. Breakwater Capital Group now owns 189,130 shares of the exchange traded fund’s stock valued at $23,484,000 after purchasing an additional 142,091 shares in the last quarter. Compass Financial Management LLC purchased a new position in iShares Russell 1000 Growth ETF during the second quarter valued at $590,000. Tenzing Financial LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the second quarter valued at about $594,000. Finally, First Bank & Trust grew its position in shares of iShares Russell 1000 Growth ETF by 300.0% in the second quarter. First Bank & Trust now owns 10,376 shares of the exchange traded fund’s stock valued at $1,288,000 after purchasing an additional 7,782 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 Performance

Shares of IWF stock traded down $0.43 on Wednesday, reaching $128.76. 2,406,223 shares of the company were exchanged, compared to its average volume of 7,557,513. The company has a market cap of $131.19 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. The business has a 50-day moving average price of $123.61 and a 200 day moving average price of $120.79. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.80.

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.