Go Invest LLC Acquires New Shares in iShares Russell 1000 Growth ETF $IWF

Go Invest LLC acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 480,978 shares of the exchange traded fund’s stock, valued at approximately $60,247,000. iShares Russell 1000 Growth ETF accounts for approximately 12.7% of Go Invest LLC’s investment portfolio, making the stock its 3rd biggest position.

Several other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its holdings in iShares Russell 1000 Growth ETF by 291.9% during the second quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock worth $2,603,007,000 after buying an additional 15,614,625 shares in the last quarter. Baird Financial Group Inc. increased its holdings in iShares Russell 1000 Growth ETF by 312.9% in the second quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock valued at $1,438,978,000 after buying an additional 8,781,777 shares in the last quarter. Royal Bank of Canada increased its holdings in iShares Russell 1000 Growth ETF by 16.2% in the fourth quarter. Royal Bank of Canada now owns 2,024,447 shares of the exchange traded fund’s stock valued at $958,170,000 after buying an additional 282,106 shares in the last quarter. Focus Partners Wealth raised its position in shares of iShares Russell 1000 Growth ETF by 44.1% in the fourth quarter. Focus Partners Wealth now owns 1,908,493 shares of the exchange traded fund’s stock worth $903,193,000 after acquiring an additional 583,623 shares during the period. Finally, Cetera Investment Advisers raised its position in shares of iShares Russell 1000 Growth ETF by 0.4% in the first quarter. Cetera Investment Advisers now owns 1,569,465 shares of the exchange traded fund’s stock worth $669,220,000 after acquiring an additional 6,404 shares during the period. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Down 1.3%

IWF stock opened at $127.11 on Friday. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.80. The firm has a market cap of $129.51 billion, a P/E ratio of 33.43 and a beta of 1.16. The company’s 50-day simple moving average is $123.80 and its 200-day simple moving average is $120.94.

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.