HighTower Advisors LLC Grows Position in iShares Russell 1000 Growth ETF $IWF

HighTower Advisors LLC raised its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 10.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,290,494 shares of the exchange traded fund’s stock after buying an additional 120,069 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 0.7% of HighTower Advisors LLC’s portfolio, making the stock its 20th biggest position. HighTower Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $604,498,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Revolve Wealth Partners LLC raised its holdings 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 valued at $2,589,000 after buying an additional 153 shares during the last quarter. Bison Wealth LLC lifted its position in iShares Russell 1000 Growth ETF by 20.5% during the 4th 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. Ritholtz Wealth Management grew its stake in shares of iShares Russell 1000 Growth ETF by 32.3% in the 2nd quarter. Ritholtz Wealth Management now owns 3,405 shares of the exchange traded fund’s stock valued at $1,446,000 after purchasing an additional 832 shares during the last quarter. Allianz Asset Management GmbH increased its holdings in shares of iShares Russell 1000 Growth ETF by 72.1% in the second quarter. Allianz Asset Management GmbH now owns 58,600 shares of the exchange traded fund’s stock valued at $24,880,000 after purchasing an additional 24,550 shares during the period. Finally, Rodgers & Associates LTD increased its holdings in shares of iShares Russell 1000 Growth ETF by 9.2% in the second quarter. Rodgers & Associates LTD now owns 135,890 shares of the exchange traded fund’s stock valued at $57,696,000 after purchasing an additional 11,421 shares during the period. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA IWF opened at $447.17 on Friday. The stock has a fifty day moving average price of $469.53 and a 200 day moving average price of $465.20. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $493.00. The company has a market cap of $115.01 billion, a PE ratio of 33.43 and a beta of 1.13.

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.