Sei Investments Co. Boosts Stake in iShares Russell 1000 Growth ETF $IWF

Sei Investments Co. lifted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 369.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 57,740 shares of the exchange traded fund’s stock after purchasing an additional 45,446 shares during the quarter. Sei Investments Co.’s holdings in iShares Russell 1000 Growth ETF were worth $24,620,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Godsey & Gibb Inc. purchased a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth $27,000. Concord Wealth Partners grew its stake in iShares Russell 1000 Growth ETF by 210.0% during the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 42 shares during the last quarter. Reyes Financial Architecture Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at about $30,000. MBM Wealth Consultants LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the first quarter valued at about $28,000. Finally, Networth Advisors LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth about $32,000. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Down 0.6%

iShares Russell 1000 Growth ETF stock opened at $116.48 on Wednesday. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.14. The company has a market capitalization of $119.26 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. The stock has a 50-day moving average price of $122.53 and a 200 day moving average price of $117.52.

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.