Royal Bank of Canada Has $958.17 Million Stock Position in iShares Russell 1000 Growth ETF $IWF

Royal Bank of Canada increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 16.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,024,447 shares of the exchange traded fund’s stock after acquiring an additional 282,106 shares during the quarter. Royal Bank of Canada’s holdings in iShares Russell 1000 Growth ETF were worth $958,170,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWF. Revolve Wealth Partners LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 2.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock worth $2,589,000 after acquiring an additional 153 shares during the period. Bison Wealth LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 20.5% in the fourth quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock worth $9,195,000 after acquiring an additional 3,888 shares during the period. Schnieders Capital Management LLC. lifted its stake in shares of iShares Russell 1000 Growth ETF by 24.9% in the second quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock worth $1,806,000 after acquiring an additional 849 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of iShares Russell 1000 Growth ETF by 55.5% in the second quarter. Russell Investments Group Ltd. now owns 3,378 shares of the exchange traded fund’s stock worth $1,434,000 after acquiring an additional 1,205 shares during the period. Finally, First Trust Advisors LP lifted its stake in shares of iShares Russell 1000 Growth ETF by 70.3% in the second quarter. First Trust Advisors LP now owns 1,960 shares of the exchange traded fund’s stock worth $832,000 after acquiring an additional 809 shares during the period. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock opened at $123.35 on Wednesday. The stock’s 50 day moving average is $121.10 and its 200 day moving average is $117.05. The firm has a market cap of $128.83 billion, a P/E ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a one year low of $100.47 and a one year high of $129.14.

iShares Russell 1000 Growth ETF 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.