691,000 Shares in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Purchased by Sumitomo Mitsui Financial Group Inc.

Sumitomo Mitsui Financial Group Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 691,000 shares of the exchange traded fund’s stock, valued at approximately $279,993,000. iShares Russell 1000 Growth ETF comprises about 3.7% of Sumitomo Mitsui Financial Group Inc.’s portfolio, making the stock its 6th biggest position. Sumitomo Mitsui Financial Group Inc. owned about 0.26% of iShares Russell 1000 Growth ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cardinal Point Capital Management ULC lifted its stake in iShares Russell 1000 Growth ETF by 2.8% in the fourth quarter. Cardinal Point Capital Management ULC now owns 949 shares of the exchange traded fund’s stock worth $381,000 after purchasing an additional 26 shares during the last quarter. Journey Strategic Wealth LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 0.4% during the 4th quarter. Journey Strategic Wealth LLC now owns 6,323 shares of the exchange traded fund’s stock worth $2,539,000 after acquiring an additional 26 shares during the last quarter. Chemistry Wealth Management LLC boosted its holdings in iShares Russell 1000 Growth ETF by 2.7% during the 4th quarter. Chemistry Wealth Management LLC now owns 1,020 shares of the exchange traded fund’s stock valued at $410,000 after acquiring an additional 27 shares during the period. Stonehearth Capital Management LLC grew its position in iShares Russell 1000 Growth ETF by 1.4% in the 4th quarter. Stonehearth Capital Management LLC now owns 1,964 shares of the exchange traded fund’s stock valued at $789,000 after acquiring an additional 28 shares during the last quarter. Finally, Chicago Capital LLC increased its stake in iShares Russell 1000 Growth ETF by 1.0% in the fourth quarter. Chicago Capital LLC now owns 2,765 shares of the exchange traded fund’s stock worth $1,111,000 after purchasing an additional 28 shares during the period.

iShares Russell 1000 Growth ETF Trading Down 6.0 %

NYSEARCA:IWF opened at $325.67 on Monday. The company has a market cap of $86.43 billion, a price-to-earnings ratio of 31.13 and a beta of 1.15. iShares Russell 1000 Growth ETF has a twelve month low of $311.80 and a twelve month high of $419.53. The stock has a fifty day simple moving average of $388.12 and a 200-day simple moving average of $392.22.

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.