Reynders McVeigh Capital Management LLC increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 302.1% in the 2nd quarter, Holdings Channel reports. The fund owned 6,812 shares of the exchange traded fund’s stock after buying an additional 5,118 shares during the quarter. Reynders McVeigh Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $846,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in IWF. JPMorgan Chase & Co. boosted its holdings in shares of iShares Russell 1000 Growth ETF by 1.0% in the 4th quarter. JPMorgan Chase & Co. now owns 7,496,501 shares of the exchange traded fund’s stock worth $3,548,095,000 after purchasing an additional 70,843 shares in the last quarter. LPL Financial LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 1.7% during the 4th quarter. LPL Financial LLC now owns 3,755,659 shares of the exchange traded fund’s stock valued at $1,777,554,000 after buying an additional 63,975 shares in the last quarter. Baird Financial Group Inc. lifted its position in 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 buying an additional 8,781,777 shares during the last quarter. Royal Bank of Canada lifted its position in iShares Russell 1000 Growth ETF by 16.2% in the 4th quarter. Royal Bank of Canada now owns 2,024,447 shares of the exchange traded fund’s stock worth $958,170,000 after buying an additional 282,106 shares during the last quarter. Finally, Focus Partners Wealth boosted its stake in iShares Russell 1000 Growth ETF by 44.1% in the fourth quarter. Focus Partners Wealth now owns 1,908,493 shares of the exchange traded fund’s stock worth $903,193,000 after buying an additional 583,623 shares in the last quarter. Institutional investors own 75.33% of the company’s stock.
iShares Russell 1000 Growth ETF Stock Performance
IWF traded down $0.81 during midday trading on Tuesday, hitting $120.45. The stock had a trading volume of 7,252,750 shares, compared to its average volume of 7,892,679. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.14. The business has a fifty day moving average of $121.87 and a 200 day moving average of $119.18. The company has a market cap of $123.41 billion, a P/E ratio of 33.43 and a beta of 1.17.
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.
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