Kestra Private Wealth Services LLC Grows Stake in iShares Russell 1000 Growth ETF $IWF

Kestra Private Wealth Services LLC increased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 13.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 118,246 shares of the exchange traded fund’s stock after purchasing an additional 13,977 shares during the period. iShares Russell 1000 Growth ETF accounts for approximately 0.6% of Kestra Private Wealth Services LLC’s investment portfolio, making the stock its 25th biggest position. Kestra Private Wealth Services LLC’s holdings in iShares Russell 1000 Growth ETF were worth $50,420,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Revolve Wealth Partners LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 2.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock worth $2,589,000 after buying an additional 153 shares in the last quarter. Bison Wealth LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 20.5% in the fourth quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock worth $9,195,000 after buying an additional 3,888 shares in the last quarter. Schnieders Capital Management LLC. lifted its stake in shares of iShares Russell 1000 Growth ETF by 24.9% in the second quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock worth $1,806,000 after buying an additional 849 shares in the last quarter. Russell Investments Group Ltd. boosted its position in iShares Russell 1000 Growth ETF by 55.5% during the second quarter. Russell Investments Group Ltd. now owns 3,378 shares of the exchange traded fund’s stock worth $1,434,000 after acquiring an additional 1,205 shares during the last quarter. Finally, First Trust Advisors LP boosted its position in iShares Russell 1000 Growth ETF by 70.3% during the second quarter. First Trust Advisors LP now owns 1,960 shares of the exchange traded fund’s stock worth $832,000 after acquiring an additional 809 shares during the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Down 0.1%

Shares of NYSEARCA IWF opened at $119.67 on Thursday. The stock has a market cap of $124.98 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.14. The company has a 50-day moving average of $122.43 and a 200 day moving average of $117.16.

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.