Rockland Trust Co. Acquires 4,329 Shares of iShares Russell 1000 Growth ETF $IWF

Rockland Trust Co. raised its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 277.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 5,889 shares of the exchange traded fund’s stock after acquiring an additional 4,329 shares during the quarter. Rockland Trust Co.’s holdings in iShares Russell 1000 Growth ETF were worth $2,758,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of IWF. Laurel Wealth Advisors LLC increased its stake in iShares Russell 1000 Growth ETF by 42,358.0% in the second quarter. Laurel Wealth Advisors LLC now owns 1,704,689 shares of the exchange traded fund’s stock valued at $723,777,000 after purchasing an additional 1,700,674 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares Russell 1000 Growth ETF by 6.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,216,343 shares of the exchange traded fund’s stock valued at $3,063,916,000 after buying an additional 411,172 shares in the last quarter. Baird Financial Group Inc. increased its position in iShares Russell 1000 Growth ETF by 15.8% in the 2nd quarter. Baird Financial Group Inc. now owns 2,729,778 shares of the exchange traded fund’s stock valued at $1,159,009,000 after buying an additional 372,064 shares in the last quarter. Midwest Trust Co acquired a new position in iShares Russell 1000 Growth ETF during the 2nd quarter worth approximately $47,564,000. Finally, Osaic Holdings Inc. boosted its holdings in iShares Russell 1000 Growth ETF by 15.2% in the second quarter. Osaic Holdings Inc. now owns 726,290 shares of the exchange traded fund’s stock worth $307,918,000 after acquiring an additional 95,889 shares in the last quarter. Institutional investors and hedge funds 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 $460.98 on Tuesday. The stock has a market capitalization of $118.56 billion, a PE ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 52 week low of $308.67 and a 52 week high of $493.00. The stock has a 50 day moving average price of $471.45 and a two-hundred day moving average price of $465.00.

About iShares Russell 1000 Growth ETF

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.