Grove Bank & Trust Increases Holdings in iShares Russell 1000 Growth ETF $IWF

Grove Bank & Trust boosted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 303.7% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 135,074 shares of the exchange traded fund’s stock after purchasing an additional 101,616 shares during the quarter. iShares Russell 1000 Growth ETF accounts for 1.7% of Grove Bank & Trust’s investment portfolio, making the stock its 11th largest position. Grove Bank & Trust’s holdings in iShares Russell 1000 Growth ETF were worth $16,772,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 59.3% in the 4th quarter. Farther Finance Advisors LLC now owns 46,216 shares of the exchange traded fund’s stock valued at $21,874,000 after buying an additional 17,212 shares during the period. AMI Asset Management Corp increased its holdings in shares of iShares Russell 1000 Growth ETF by 542.6% during the 4th quarter. AMI Asset Management Corp now owns 71,879 shares of the exchange traded fund’s stock worth $34,020,000 after buying an additional 60,693 shares during the last quarter. BIP Wealth LLC raised its position in shares of iShares Russell 1000 Growth ETF by 91.9% during the 4th quarter. BIP Wealth LLC now owns 4,665 shares of the exchange traded fund’s stock valued at $2,208,000 after buying an additional 2,234 shares during the period. DSG Capital Advisors LLC raised its position in shares of iShares Russell 1000 Growth ETF by 537.6% during the 4th quarter. DSG Capital Advisors LLC now owns 11,119 shares of the exchange traded fund’s stock valued at $5,233,000 after buying an additional 9,375 shares during the period. Finally, Diversify Advisory Services LLC lifted its holdings in iShares Russell 1000 Growth ETF by 16.8% in the fourth quarter. Diversify Advisory Services LLC now owns 8,900 shares of the exchange traded fund’s stock valued at $4,188,000 after acquiring an additional 1,279 shares during the last quarter. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $124.30 on Wednesday. The firm has a market capitalization of $127.36 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a fifty-two week low of $102.23 and a fifty-two week high of $129.14. The stock has a 50 day moving average of $121.92 and a 200 day moving average of $117.53.

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.