Smartleaf Asset Management LLC Acquires 18,443 Shares of iShares Russell 1000 Growth ETF $IWF

Smartleaf Asset Management LLC grew its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 427.6% in the 3rd quarter, Holdings Channel reports. The fund owned 22,756 shares of the exchange traded fund’s stock after buying an additional 18,443 shares during the period. iShares Russell 1000 Growth ETF accounts for 0.7% of Smartleaf Asset Management LLC’s investment portfolio, making the stock its 23rd largest holding. Smartleaf Asset Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $10,617,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IWF. Concord Wealth Partners grew its stake in shares of iShares Russell 1000 Growth ETF by 1,966.7% during the second quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 59 shares during the last quarter. Bell Investment Advisors Inc acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 2nd quarter valued at $32,000. Manning & Napier Advisors LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at $47,000. Flagship Wealth Advisors LLC grew its position in iShares Russell 1000 Growth ETF by 131.9% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 62 shares during the last quarter. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in iShares Russell 1000 Growth ETF in the 3rd quarter worth about $53,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Up 2.4%

iShares Russell 1000 Growth ETF stock opened at $456.84 on Friday. The stock has a 50-day moving average price of $471.73 and a two-hundred day moving average price of $464.64. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $493.00. The company has a market capitalization of $117.50 billion, a PE ratio of 33.43 and a beta of 1.13.

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.