Modera Wealth Management LLC Purchases 1,068,833 Shares of iShares Russell 1000 Growth ETF $IWF

Modera Wealth Management LLC acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,068,833 shares of the exchange traded fund’s stock, valued at approximately $133,882,000. iShares Russell 1000 Growth ETF makes up about 1.4% of Modera Wealth Management LLC’s holdings, making the stock its 15th biggest position. Modera Wealth Management LLC owned 0.10% of iShares Russell 1000 Growth ETF at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its position in shares of iShares Russell 1000 Growth ETF by 291.9% in the second quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock valued at $2,603,007,000 after acquiring an additional 15,614,625 shares during the period. Baird Financial Group Inc. grew its stake in shares of iShares Russell 1000 Growth ETF by 312.9% in the second quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock valued at $1,438,978,000 after acquiring an additional 8,781,777 shares in the last quarter. Signaturefd LLC bought a new position in iShares Russell 1000 Growth ETF during the third quarter worth about $924,594,000. Cetera Investment Advisers increased its position in iShares Russell 1000 Growth ETF by 0.4% during the first quarter. Cetera Investment Advisers now owns 1,569,465 shares of the exchange traded fund’s stock worth $669,220,000 after acquiring an additional 6,404 shares during the period. Finally, Fifth Third Bancorp increased its position in iShares Russell 1000 Growth ETF by 153.2% during the first quarter. Fifth Third Bancorp now owns 983,920 shares of the exchange traded fund’s stock worth $419,544,000 after acquiring an additional 595,395 shares during the period. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 2.9%

Shares of iShares Russell 1000 Growth ETF stock opened at $117.61 on Friday. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month high of $129.80. The company has a 50-day simple moving average of $123.62 and a two-hundred day simple moving average of $119.44. The stock has a market capitalization of $120.14 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16.

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.