Lido Advisors LLC Makes New Investment in iShares Russell 1000 Growth ETF $IWF

Lido Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,296,344 shares of the exchange traded fund’s stock, valued at approximately $162,385,000. iShares Russell 1000 Growth ETF comprises approximately 0.4% of Lido Advisors LLC’s holdings, making the stock its 26th biggest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IWF. Envestnet Asset Management Inc. increased its holdings in shares of iShares Russell 1000 Growth ETF by 291.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock valued at $2,603,007,000 after acquiring an additional 15,614,625 shares during the last quarter. Baird Financial Group Inc. raised its position in shares of iShares Russell 1000 Growth ETF by 312.9% during 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 acquiring an additional 8,781,777 shares in the last quarter. Signaturefd LLC purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter worth approximately $924,594,000. Commonwealth Equity Services LLC purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter worth approximately $780,796,000. Finally, Waldron Private Wealth LLC purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter worth approximately $268,672,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Down 0.9%

Shares of IWF opened at $114.02 on Wednesday. The stock has a 50 day moving average price of $122.54 and a 200 day moving average price of $119.36. The company has a market capitalization of $116.68 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.80.

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.