NewEdge Advisors LLC Has $86.64 Million Stock Position in iShares Russell 1000 Growth ETF $IWF

NewEdge Advisors LLC reduced its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 203,180 shares of the exchange traded fund’s stock after selling 7,749 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $86,636,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in IWF. 71 West Capital Partners bought a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $385,150,000. OpenArc Corporate Advisory LLC bought a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $376,761,000. Dynasty Wealth Management LLC boosted its stake in iShares Russell 1000 Growth ETF by 1,752.6% in the fourth quarter. Dynasty Wealth Management LLC now owns 657,578 shares of the exchange traded fund’s stock valued at $311,232,000 after acquiring an additional 622,083 shares during the last quarter. Fifth Third Bancorp grew its holdings in iShares Russell 1000 Growth ETF by 153.2% during the 1st quarter. Fifth Third Bancorp now owns 983,920 shares of the exchange traded fund’s stock worth $419,544,000 after acquiring an additional 595,395 shares during the period. Finally, Morgan Stanley grew its holdings in iShares Russell 1000 Growth ETF by 2.2% during the 4th quarter. Morgan Stanley now owns 27,636,174 shares of the exchange traded fund’s stock worth $13,080,203,000 after acquiring an additional 587,889 shares during the period. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $123.50 on Friday. The firm has a fifty day moving average of $121.82 and a two-hundred day moving average of $117.62. The stock has a market capitalization of $126.54 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 $129.14.

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.