iShares Russell 1000 Growth ETF $IWF Position Lifted by LBJ Family Wealth Advisors Ltd.

LBJ Family Wealth Advisors Ltd. boosted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 298.9% during the second quarter, Holdings Channel.com reports. The firm owned 376,386 shares of the exchange traded fund’s stock after purchasing an additional 282,032 shares during the quarter. iShares Russell 1000 Growth ETF makes up about 23.4% of LBJ Family Wealth Advisors Ltd.’s investment portfolio, making the stock its biggest position. LBJ Family Wealth Advisors Ltd.’s holdings in iShares Russell 1000 Growth ETF were worth $45,912,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. MBM Wealth Consultants LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 1st quarter valued at about $28,000. Richards Merrill & Peterson Inc. raised its stake in shares of iShares Russell 1000 Growth ETF by 76.9% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 30 shares in the last quarter. Motiv8 Investments LLC purchased a new stake in iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $35,000. Garton & Associates Financial Advisors LLC purchased a new stake in iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $38,000. Finally, Sfam LLC acquired a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $52,000. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Trading Down 0.5%

NYSEARCA IWF opened at $122.46 on Thursday. The firm’s fifty day simple moving average is $121.88 and its two-hundred day simple moving average is $119.00. The firm has a market capitalization of $125.47 billion, a P/E ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.14.

About iShares Russell 1000 Growth ETF

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.