iShares Russell 1000 Growth ETF $IWF Shares Acquired by Stephens Group Asset Management LLC

Stephens Group Asset Management LLC raised its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 765,350 shares of the exchange traded fund’s stock after buying an additional 31,579 shares during the period. iShares Russell 1000 Growth ETF comprises 5.5% of Stephens Group Asset Management LLC’s investment portfolio, making the stock its 8th biggest position. Stephens Group Asset Management LLC owned approximately 0.08% of iShares Russell 1000 Growth ETF worth $95,868,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Intelligence Driven Advisers LLC increased its position in iShares Russell 1000 Growth ETF by 2.3% during the third quarter. Intelligence Driven Advisers LLC now owns 24,000 shares of the exchange traded fund’s stock worth $3,006,000 after purchasing an additional 539 shares during the last quarter. Breakwater Capital Group increased its position in shares of iShares Russell 1000 Growth ETF by 3.4% during the 3rd quarter. Breakwater Capital Group now owns 195,640 shares of the exchange traded fund’s stock worth $24,506,000 after purchasing an additional 6,510 shares during the last quarter. Chapin Davis Inc. purchased a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $1,481,000. Inspirion Wealth Advisors LLC acquired a new position in iShares Russell 1000 Growth ETF in the third quarter valued at about $282,000. Finally, Integrated Capital Management Inc. acquired a new position in iShares Russell 1000 Growth ETF in the third quarter valued at about $2,616,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Up 0.6%

IWF stock traded up $0.77 during mid-day trading on Friday, hitting $127.88. 2,229,275 shares of the company were exchanged, compared to its average volume of 7,515,251. The business has a fifty day simple moving average of $123.80 and a 200-day simple moving average of $120.94. The firm has a market capitalization of $130.29 billion, a P/E ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.80.

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.