Stonebridge Financial Group LLC Has $14.84 Million Stake in iShares Russell 1000 Growth ETF $IWF

Stonebridge Financial Group LLC increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 298.1% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 119,513 shares of the exchange traded fund’s stock after acquiring an additional 89,489 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 1.1% of Stonebridge Financial Group LLC’s portfolio, making the stock its 24th largest position. Stonebridge Financial Group LLC’s holdings in iShares Russell 1000 Growth ETF were worth $14,840,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Farther Finance Advisors LLC grew its stake in iShares Russell 1000 Growth ETF by 59.3% in the fourth quarter. Farther Finance Advisors LLC now owns 46,216 shares of the exchange traded fund’s stock valued at $21,874,000 after acquiring an additional 17,212 shares during the period. AMI Asset Management Corp raised its position in shares of iShares Russell 1000 Growth ETF by 542.6% during the fourth quarter. AMI Asset Management Corp now owns 71,879 shares of the exchange traded fund’s stock worth $34,020,000 after purchasing an additional 60,693 shares during the period. BIP Wealth LLC raised its position in shares of iShares Russell 1000 Growth ETF by 91.9% during the fourth quarter. BIP Wealth LLC now owns 4,665 shares of the exchange traded fund’s stock worth $2,208,000 after purchasing an additional 2,234 shares during the period. DSG Capital Advisors LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 537.6% in the 4th quarter. DSG Capital Advisors LLC now owns 11,119 shares of the exchange traded fund’s stock worth $5,233,000 after purchasing an additional 9,375 shares in the last quarter. Finally, Diversify Advisory Services LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 16.8% in the 4th quarter. Diversify Advisory Services LLC now owns 8,900 shares of the exchange traded fund’s stock worth $4,188,000 after purchasing an additional 1,279 shares in the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 2.2%

NYSEARCA IWF opened at $120.87 on Tuesday. The company has a market cap of $123.84 billion, a P/E ratio of 33.43 and a beta of 1.17. The company has a fifty day simple moving average of $121.95 and a 200 day simple moving average of $117.49. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.14.

About iShares Russell 1000 Growth ETF

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.