StoneX Group Inc. Invests $36.94 Million in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

StoneX Group Inc. purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 91,985 shares of the exchange traded fund’s stock, valued at approximately $36,939,000. iShares Russell 1000 Growth ETF accounts for about 2.4% of StoneX Group Inc.’s holdings, making the stock its 6th largest position.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $1,367,267,000. Strategic Financial Concepts LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 44,227.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 656,939 shares of the exchange traded fund’s stock worth $263,814,000 after buying an additional 655,457 shares in the last quarter. Wellington Management Group LLP grew its position in shares of iShares Russell 1000 Growth ETF by 5,975.8% during the 3rd quarter. Wellington Management Group LLP now owns 540,989 shares of the exchange traded fund’s stock worth $203,076,000 after buying an additional 532,085 shares during the period. Prudential Financial Inc. increased its stake in shares of iShares Russell 1000 Growth ETF by 100.9% in the 4th quarter. Prudential Financial Inc. now owns 831,195 shares of the exchange traded fund’s stock valued at $333,791,000 after acquiring an additional 417,507 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of iShares Russell 1000 Growth ETF by 5.2% during the 4th quarter. JPMorgan Chase & Co. now owns 7,116,045 shares of the exchange traded fund’s stock valued at $2,857,662,000 after acquiring an additional 349,222 shares during the period.

iShares Russell 1000 Growth ETF Trading Up 0.2 %

NYSEARCA:IWF opened at $361.09 on Tuesday. iShares Russell 1000 Growth ETF has a 12 month low of $315.24 and a 12 month high of $419.53. The stock has a market capitalization of $95.83 billion, a price-to-earnings ratio of 31.13 and a beta of 1.15. The firm has a fifty day simple moving average of $393.23 and a two-hundred day simple moving average of $392.64.

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.