iShares Russell 1000 Growth ETF $IWF Shares Newly Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 260,586 shares of the exchange traded fund’s stock, valued at approximately $32,641,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IWF. Main Street Group LTD purchased a new stake in shares of iShares Russell 1000 Growth ETF in the first quarter valued at about $64,000. GKV Capital Management Co. Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the first quarter worth about $85,000. Roxbury Financial LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 300.0% during the second quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 162 shares during the period. Godsey & Gibb Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth about $29,000. Finally, Byrne Asset Management LLC raised its holdings in iShares Russell 1000 Growth ETF by 300.0% during the second quarter. Byrne Asset Management LLC now owns 236 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 177 shares in the last quarter. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Up 1.1%

Shares of NYSEARCA:IWF opened at $120.89 on Tuesday. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.80. The company has a 50-day moving average price of $123.88 and a 200 day moving average price of $119.39. The company has a market cap of $123.37 billion, a P/E ratio of 33.43 and a beta of 1.16.

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.