Silicon Valley Capital Partners Grows Holdings in iShares Russell 1000 Growth ETF $IWF

Silicon Valley Capital Partners increased its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 300.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,084 shares of the exchange traded fund’s stock after acquiring an additional 9,066 shares during the period. Silicon Valley Capital Partners’ holdings in iShares Russell 1000 Growth ETF were worth $1,500,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in IWF. Arlington Trust Co LLC grew its position in iShares Russell 1000 Growth ETF by 671.9% during the 2nd quarter. Arlington Trust Co LLC now owns 6,268 shares of the exchange traded fund’s stock valued at $778,000 after purchasing an additional 5,456 shares during the last quarter. Breakwater Capital Group raised its holdings in iShares Russell 1000 Growth ETF by 302.1% in the second quarter. Breakwater Capital Group now owns 189,130 shares of the exchange traded fund’s stock worth $23,484,000 after buying an additional 142,091 shares during the last quarter. Compass Financial Management LLC purchased a new position in iShares Russell 1000 Growth ETF in the second quarter worth about $590,000. Tenzing Financial LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the second quarter worth approximately $594,000. Finally, First Bank & Trust lifted its stake in shares of iShares Russell 1000 Growth ETF by 300.0% in the second quarter. First Bank & Trust now owns 10,376 shares of the exchange traded fund’s stock worth $1,288,000 after buying an additional 7,782 shares in the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA:IWF traded up $3.00 during trading on Monday, reaching $126.25. 4,103,543 shares of the stock traded hands, compared to its average volume of 7,824,864. The stock has a 50-day moving average of $121.80 and a two-hundred day moving average of $119.42. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.14. The stock has a market cap of $129.36 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.