iShares Russell 1000 Growth ETF $IWF Stake Boosted by NewEdge Advisors LLC

NewEdge Advisors LLC lifted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 315.9% during the second quarter, Holdings Channel reports. The firm owned 845,080 shares of the exchange traded fund’s stock after buying an additional 641,900 shares during the period. NewEdge Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $104,934,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Principal Securities Inc. grew its stake in iShares Russell 1000 Growth ETF by 0.4% during the 4th quarter. Principal Securities Inc. now owns 5,159 shares of the exchange traded fund’s stock worth $2,442,000 after buying an additional 22 shares during the last quarter. Marks Group Wealth Management Inc increased its position 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 worth $532,000 after buying an additional 23 shares during the period. Blankinship & Foster LLC lifted its stake in iShares Russell 1000 Growth ETF by 0.4% in the first quarter. Blankinship & Foster LLC now owns 5,589 shares of the exchange traded fund’s stock valued at $2,383,000 after buying an additional 24 shares during the last quarter. Rossby Financial LCC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 3.7% during the fourth quarter. Rossby Financial LCC now owns 674 shares of the exchange traded fund’s stock valued at $319,000 after acquiring an additional 24 shares during the period. Finally, Cambridge Advisors Inc. boosted its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% during the first quarter. Cambridge Advisors Inc. now owns 6,509 shares of the exchange traded fund’s stock valued at $2,775,000 after acquiring an additional 25 shares during the period. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

iShares Russell 1000 Growth ETF stock opened at $123.02 on Wednesday. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14. The company has a 50-day simple moving average of $121.89 and a 200-day simple moving average of $118.93. The firm has a market capitalization of $126.05 billion, a P/E ratio of 33.43 and a beta of 1.17.

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.