Davidson Trust Co. Buys New Stake in iShares Russell 1000 Growth ETF $IWF

Davidson Trust Co. bought a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 14,814 shares of the exchange traded fund’s stock, valued at approximately $1,856,000.

A number of other hedge funds have also recently added to or reduced their stakes in IWF. Blankinship & Foster LLC increased its holdings in iShares Russell 1000 Growth ETF by 0.4% in the first quarter. Blankinship & Foster LLC now owns 5,589 shares of the exchange traded fund’s stock valued at $2,383,000 after buying an additional 24 shares in the last quarter. Cambridge Advisors Inc. raised its position in shares of iShares Russell 1000 Growth ETF by 0.4% in the first quarter. Cambridge Advisors Inc. now owns 6,509 shares of the exchange traded fund’s stock worth $2,775,000 after acquiring an additional 25 shares during the period. SageGuard Financial Group LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 4.4% during the 1st quarter. SageGuard Financial Group LLC now owns 587 shares of the exchange traded fund’s stock worth $250,000 after acquiring an additional 25 shares in the last quarter. Balboa Wealth Partners boosted its stake in shares of iShares Russell 1000 Growth ETF by 1.4% during the 1st quarter. Balboa Wealth Partners now owns 1,947 shares of the exchange traded fund’s stock worth $830,000 after acquiring an additional 26 shares in the last quarter. Finally, Walkner Condon Financial Advisors LLC grew its position in shares of iShares Russell 1000 Growth ETF by 0.8% during the 1st quarter. Walkner Condon Financial Advisors LLC now owns 3,494 shares of the exchange traded fund’s stock valued at $1,490,000 after acquiring an additional 29 shares during the period. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Up 0.6%

Shares of iShares Russell 1000 Growth ETF stock opened at $127.91 on Friday. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month high of $129.80. The business has a 50-day moving average price of $124.00 and a 200 day moving average price of $120.99. The firm has a market cap of $130.33 billion, a PE ratio of 33.43 and a beta of 1.16.

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.