Sowell Financial Services LLC Makes New $11.73 Million Investment in iShares Russell 1000 Growth ETF $IWF

Sowell Financial Services LLC 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. The fund acquired 93,626 shares of the exchange traded fund’s stock, valued at approximately $11,728,000.

Several other institutional investors also recently bought and sold shares of IWF. Roxbury Financial LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 300.0% in the 2nd quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 162 shares during the period. MBM Wealth Consultants LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the first quarter valued at about $28,000. Richards Merrill & Peterson Inc. boosted its holdings in shares of iShares Russell 1000 Growth ETF by 76.9% in the first quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 30 shares in the last quarter. Byrne Asset Management LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 300.0% in the second quarter. Byrne Asset Management LLC now owns 236 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 177 shares in the last quarter. Finally, Godsey & Gibb Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth about $29,000. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Down 0.2%

Shares of iShares Russell 1000 Growth ETF stock opened at $122.41 on Wednesday. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.80. The company’s 50-day simple moving average is $124.08 and its 200-day simple moving average is $121.98. The firm has a market cap of $125.64 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16.

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.