Legal & General Group Plc Increases Stock Holdings in iShares Russell 1000 Growth ETF $IWF

Legal & General Group Plc lifted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 74.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,818 shares of the exchange traded fund’s stock after buying an additional 9,335 shares during the quarter. Legal & General Group Plc’s holdings in iShares Russell 1000 Growth ETF were worth $10,363,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Revolve Wealth Partners LLC increased its position 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 worth $2,589,000 after purchasing an additional 153 shares during the last quarter. Bison Wealth LLC increased its position in shares of iShares Russell 1000 Growth ETF by 20.5% in the fourth quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock worth $9,195,000 after purchasing an additional 3,888 shares during the last quarter. Schnieders Capital Management LLC. increased its position in shares of iShares Russell 1000 Growth ETF by 24.9% in the second quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock worth $1,806,000 after purchasing an additional 849 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of iShares Russell 1000 Growth ETF by 55.5% in the second quarter. Russell Investments Group Ltd. now owns 3,378 shares of the exchange traded fund’s stock worth $1,434,000 after purchasing an additional 1,205 shares during the last quarter. Finally, First Trust Advisors LP increased its position in shares of iShares Russell 1000 Growth ETF by 70.3% in the second quarter. First Trust Advisors LP now owns 1,960 shares of the exchange traded fund’s stock worth $832,000 after purchasing an additional 809 shares during the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Down 1.3%

IWF stock opened at $126.63 on Thursday. The company’s 50 day moving average is $118.12 and its 200 day moving average is $116.64. The stock has a market cap of $132.25 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 1-year low of $100.46 and a 1-year 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.