Align Financial LLC Purchases New Holdings in iShares Russell 1000 Growth ETF $IWF

Align Financial LLC purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 4th quarter, Holdings Channel.com reports. The fund purchased 471,407 shares of the exchange traded fund’s stock, valued at approximately $223,117,000. iShares Russell 1000 Growth ETF comprises 1.0% of Align Financial LLC’s investment portfolio, making the stock its 20th largest holding.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Integrated Advisors Network LLC increased its position in iShares Russell 1000 Growth ETF by 1.8% in the 4th quarter. Integrated Advisors Network LLC now owns 11,044 shares of the exchange traded fund’s stock valued at $5,227,000 after acquiring an additional 200 shares during the period. AQR Capital Management LLC increased its position in iShares Russell 1000 Growth ETF by 39.1% in the 4th quarter. AQR Capital Management LLC now owns 151,001 shares of the exchange traded fund’s stock valued at $71,469,000 after acquiring an additional 42,436 shares during the period. Aspirean Wealth LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at approximately $228,000. Hilltop Holdings Inc. boosted its holdings in iShares Russell 1000 Growth ETF by 19.7% in the 4th quarter. Hilltop Holdings Inc. now owns 17,199 shares of the exchange traded fund’s stock valued at $8,140,000 after purchasing an additional 2,836 shares in the last quarter. Finally, Prosperity Bancshares Inc purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at approximately $257,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 1.4%

Shares of IWF opened at $121.60 on Thursday. iShares Russell 1000 Growth ETF has a twelve month low of $100.47 and a twelve month high of $129.14. The stock’s 50 day moving average is $121.37 and its two-hundred day moving average is $117.07. The firm has a market capitalization of $127.00 billion, a PE ratio of 33.43 and a beta of 1.16.

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.