Orrstown Financial Services Inc. Increases Position in iShares Russell 1000 Growth ETF $IWF

Orrstown Financial Services Inc. grew its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 300.0% during the second quarter, Holdings Channel.com reports. The firm owned 8,780 shares of the exchange traded fund’s stock after acquiring an additional 6,585 shares during the period. Orrstown Financial Services Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $1,090,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Principal Securities Inc. grew its stake in shares of iShares Russell 1000 Growth ETF by 0.4% during the fourth quarter. Principal Securities Inc. now owns 5,159 shares of the exchange traded fund’s stock worth $2,442,000 after purchasing an additional 22 shares in the last quarter. Marks Group Wealth Management Inc raised its stake in iShares Russell 1000 Growth ETF by 2.1% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,123 shares of the exchange traded fund’s stock valued at $532,000 after buying an additional 23 shares in the last quarter. Blankinship & Foster LLC lifted its holdings in iShares Russell 1000 Growth ETF by 0.4% during the 1st quarter. Blankinship & Foster LLC now owns 5,589 shares of the exchange traded fund’s stock worth $2,383,000 after buying an additional 24 shares during the last quarter. Rossby Financial LCC lifted its holdings in iShares Russell 1000 Growth ETF by 3.7% during the 4th quarter. Rossby Financial LCC now owns 674 shares of the exchange traded fund’s stock worth $319,000 after buying an additional 24 shares during the last quarter. Finally, Cambridge Advisors Inc. lifted its holdings in iShares Russell 1000 Growth ETF by 0.4% during the 1st quarter. Cambridge Advisors Inc. now owns 6,509 shares of the exchange traded fund’s stock worth $2,775,000 after buying an additional 25 shares during the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA:IWF opened at $124.17 on Tuesday. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.14. The stock has a market cap of $127.22 billion, a P/E ratio of 33.43 and a beta of 1.17. The stock has a 50-day simple moving average of $121.66 and a 200-day simple moving average of $117.73.

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.