von Borstel & Associates Inc. Buys New Stake in iShares Russell 1000 Growth ETF $IWF

von Borstel & Associates Inc. acquired a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,253 shares of the exchange traded fund’s stock, valued at approximately $603,000.

Several other hedge funds have also recently made changes to their positions in IWF. Laurel Wealth Advisors LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 42,358.0% during the second quarter. Laurel Wealth Advisors LLC now owns 1,704,689 shares of the exchange traded fund’s stock valued at $723,777,000 after purchasing an additional 1,700,674 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares Russell 1000 Growth ETF by 6.0% during the second quarter. JPMorgan Chase & Co. now owns 7,216,343 shares of the exchange traded fund’s stock worth $3,063,916,000 after acquiring an additional 411,172 shares during the last quarter. Baird Financial Group Inc. increased its stake in iShares Russell 1000 Growth ETF by 15.8% during the 2nd quarter. Baird Financial Group Inc. now owns 2,729,778 shares of the exchange traded fund’s stock valued at $1,159,009,000 after purchasing an additional 372,064 shares in the last quarter. American Century Companies Inc. increased its position in shares of iShares Russell 1000 Growth ETF by 229.1% in the 3rd quarter. American Century Companies Inc. now owns 254,376 shares of the exchange traded fund’s stock valued at $119,153,000 after acquiring an additional 177,087 shares during the period. Finally, William Blair Investment Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the third quarter worth about $79,218,000. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $438.29 on Friday. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $493.00. The stock has a market cap of $112.73 billion, a PE ratio of 33.43 and a beta of 1.13. The firm has a fifty day moving average price of $459.70 and a 200 day moving average price of $466.00.

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.