iShares Russell 1000 Growth ETF $IWF Shares Bought by Jim Saulnier & Associates LLC

Jim Saulnier & Associates LLC raised its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 170.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,946 shares of the exchange traded fund’s stock after purchasing an additional 1,226 shares during the quarter. Jim Saulnier & Associates LLC’s holdings in iShares Russell 1000 Growth ETF were worth $911,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Townsquare Capital LLC increased its stake in iShares Russell 1000 Growth ETF by 38.2% in the 3rd quarter. Townsquare Capital LLC now owns 18,568 shares of the exchange traded fund’s stock valued at $8,697,000 after buying an additional 5,137 shares during the period. Argent Advisors Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth about $222,000. Cahill Financial Advisors Inc. acquired a new position in iShares Russell 1000 Growth ETF during the 3rd quarter worth $212,000. Cloud Capital Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter valued at approximately $101,000. Finally, AE Wealth Management LLC grew its position in iShares Russell 1000 Growth ETF by 1.4% during the third quarter. AE Wealth Management LLC now owns 15,477 shares of the exchange traded fund’s stock worth $7,249,000 after buying an additional 213 shares in the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 0.8%

IWF stock opened at $469.44 on Friday. The firm has a market cap of $121.21 billion, a P/E ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $493.00. The business’s 50 day moving average is $473.18 and its 200-day moving average is $463.34.

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.