Newport Capital Group LLC Buys 81,252 Shares of iShares Russell 1000 Growth ETF $IWF

Newport Capital Group LLC increased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWFFree Report) by 219.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 118,250 shares of the exchange traded fund’s stock after purchasing an additional 81,252 shares during the quarter. iShares Russell 1000 Growth ETF accounts for 0.0% of Newport Capital Group LLC’s holdings, making the stock its 26th biggest holding. Newport Capital Group LLC’s holdings in iShares Russell 1000 Growth ETF were worth $56,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its stake in iShares Russell 1000 Growth ETF by 2.9% in the third quarter. JPMorgan Chase & Co. now owns 7,425,658 shares of the exchange traded fund’s stock worth $3,478,253,000 after purchasing an additional 209,315 shares during the last quarter. Northern Trust Corp increased its position in shares of iShares Russell 1000 Growth ETF by 8.1% during the third quarter. Northern Trust Corp now owns 5,458,872 shares of the exchange traded fund’s stock worth $2,556,990,000 after acquiring an additional 409,416 shares during the period. Focus Partners Wealth raised its stake in iShares Russell 1000 Growth ETF by 75.0% in the third quarter. Focus Partners Wealth now owns 1,324,870 shares of the exchange traded fund’s stock worth $620,714,000 after buying an additional 568,001 shares in the last quarter. HighTower Advisors LLC raised its stake in iShares Russell 1000 Growth ETF by 10.3% in the third quarter. HighTower Advisors LLC now owns 1,290,494 shares of the exchange traded fund’s stock worth $604,498,000 after buying an additional 120,069 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in iShares Russell 1000 Growth ETF by 1.0% in the third quarter. Bank of New York Mellon Corp now owns 1,225,855 shares of the exchange traded fund’s stock worth $574,203,000 after buying an additional 12,342 shares in the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Up 1.1%

Shares of NYSEARCA:IWF opened at $127.12 on Friday. The company has a market capitalization of $132.76 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 52 week low of $98.47 and a 52 week high of $127.20. The firm has a 50 day moving average of $116.56 and a 200 day moving average of $116.41.

iShares Russell 1000 Growth ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

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