Stonebridge Financial Group LLC Acquires 89,489 Shares of iShares Russell 1000 Growth ETF $IWF

Stonebridge Financial Group LLC raised its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 298.1% in the second quarter, Holdings Channel.com reports. The firm owned 119,513 shares of the exchange traded fund’s stock after buying an additional 89,489 shares during the period. iShares Russell 1000 Growth ETF comprises approximately 1.1% of Stonebridge Financial Group LLC’s investment portfolio, making the stock its 24th biggest holding. Stonebridge Financial Group LLC’s holdings in iShares Russell 1000 Growth ETF were worth $14,840,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Farther Finance Advisors LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 59.3% during the fourth quarter. Farther Finance Advisors LLC now owns 46,216 shares of the exchange traded fund’s stock valued at $21,874,000 after buying an additional 17,212 shares during the last quarter. AMI Asset Management Corp raised its position in iShares Russell 1000 Growth ETF by 542.6% in the 4th quarter. AMI Asset Management Corp now owns 71,879 shares of the exchange traded fund’s stock valued at $34,020,000 after buying an additional 60,693 shares during the last quarter. BIP Wealth LLC raised its position in iShares Russell 1000 Growth ETF by 91.9% in the 4th quarter. BIP Wealth LLC now owns 4,665 shares of the exchange traded fund’s stock valued at $2,208,000 after buying an additional 2,234 shares during the last quarter. DSG Capital Advisors LLC lifted its stake in iShares Russell 1000 Growth ETF by 537.6% during the 4th quarter. DSG Capital Advisors LLC now owns 11,119 shares of the exchange traded fund’s stock valued at $5,233,000 after acquiring an additional 9,375 shares in the last quarter. Finally, Diversify Advisory Services LLC lifted its stake in iShares Russell 1000 Growth ETF by 16.8% during the 4th quarter. Diversify Advisory Services LLC now owns 8,900 shares of the exchange traded fund’s stock valued at $4,188,000 after acquiring an additional 1,279 shares in the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $120.87 on Tuesday. The company has a market capitalization of $123.84 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. The firm’s fifty day moving average price is $121.95 and its two-hundred day moving average price is $117.49. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.14.

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.