Hsbc Holdings PLC Has $94.22 Million Stake in iShares Russell 1000 Growth ETF $IWF

Hsbc Holdings PLC increased its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 6.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 220,957 shares of the exchange traded fund’s stock after purchasing an additional 13,677 shares during the quarter. Hsbc Holdings PLC owned approximately 0.08% of iShares Russell 1000 Growth ETF worth $94,216,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Godsey & Gibb Inc. bought a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at $27,000. MBM Wealth Consultants LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the 1st quarter worth about $28,000. Concord Wealth Partners lifted its holdings in shares of iShares Russell 1000 Growth ETF by 210.0% during the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 42 shares during the period. Richards Merrill & Peterson Inc. boosted its position in shares of iShares Russell 1000 Growth ETF by 76.9% during the 1st 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. Finally, Reyes Financial Architecture Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at about $30,000. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF opened at $119.38 on Monday. The stock has a market cap of $123.18 billion, a P/E ratio of 33.43 and a beta of 1.16. The company’s 50-day simple moving average is $123.27 and its 200 day simple moving average is $117.51. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month high of $129.14.

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.