iShares Russell 1000 Growth ETF $IWF Position Boosted by Excelsior Advisor Network LLC

Excelsior Advisor Network LLC boosted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 85.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,271 shares of the exchange traded fund’s stock after buying an additional 5,650 shares during the quarter. iShares Russell 1000 Growth ETF makes up about 2.0% of Excelsior Advisor Network LLC’s investment portfolio, making the stock its 15th biggest holding. Excelsior Advisor Network LLC’s holdings in iShares Russell 1000 Growth ETF were worth $5,232,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Godsey & Gibb Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth $27,000. MBM Wealth Consultants LLC acquired a new stake in iShares Russell 1000 Growth ETF during the first quarter worth about $28,000. Concord Wealth Partners lifted its holdings in iShares Russell 1000 Growth ETF by 210.0% in the fourth 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 last quarter. Richards Merrill & Peterson Inc. lifted its holdings in 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 worth $29,000 after acquiring an additional 30 shares during the last quarter. Finally, Reyes Financial Architecture Inc. acquired a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $30,000. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Trading Down 0.4%

NYSEARCA:IWF opened at $117.13 on Tuesday. The stock has a 50 day moving average of $122.66 and a 200-day moving average of $117.54. The firm has a market capitalization of $120.01 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.14.

iShares Russell 1000 Growth ETF 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.