iShares Russell 1000 Growth ETF $IWF Stock: Stevens Capital Partners Boosts Position

Stevens Capital Partners raised its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 143,772 shares of the exchange traded fund’s stock after purchasing an additional 5,453 shares during the period. iShares Russell 1000 Growth ETF comprises approximately 3.1% of Stevens Capital Partners’ holdings, making the stock its 5th largest holding. Stevens Capital Partners’ holdings in iShares Russell 1000 Growth ETF were worth $18,009,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its stake in shares of iShares Russell 1000 Growth ETF by 291.9% in 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 during the last quarter. Baird Financial Group Inc. increased its position in shares of iShares Russell 1000 Growth ETF by 312.9% in the 2nd quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock worth $1,438,978,000 after purchasing an additional 8,781,777 shares during the last quarter. Signaturefd LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth about $924,594,000. Choreo LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 2.7% in the 3rd quarter. Choreo LLC now owns 2,601,713 shares of the exchange traded fund’s stock valued at $325,891,000 after purchasing an additional 67,390 shares in the last quarter. Finally, Stairway Partners LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $198,042,000. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $117.61 on Friday. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.80. The company’s 50-day simple moving average is $123.62 and its 200-day simple moving average is $119.44. The stock has a market capitalization of $120.05 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16.

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.