iShares Russell 1000 Growth ETF $IWF Stock: Summa Corp. Grows Stake

Summa Corp. boosted its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 310.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 236,468 shares of the exchange traded fund’s stock after buying an additional 178,880 shares during the period. iShares Russell 1000 Growth ETF makes up about 6.0% of Summa Corp.’s portfolio, making the stock its 5th largest position. Summa Corp.’s holdings in iShares Russell 1000 Growth ETF were worth $29,620,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. First Nebraska Trust Co bought a new position in iShares Russell 1000 Growth ETF during the 3rd quarter valued at $520,000. Garde Capital Inc. bought a new position in iShares Russell 1000 Growth ETF during the third quarter valued at about $7,984,000. GRIMES & Co WEALTH MANAGEMENT LLC bought a new position in iShares Russell 1000 Growth ETF during the third quarter valued at about $3,943,000. Blue Bell Private Wealth Management LLC bought a new position in iShares Russell 1000 Growth ETF during the third quarter valued at about $2,724,000. Finally, Nottingham Advisors Inc. increased its holdings in iShares Russell 1000 Growth ETF by 653.2% during the third quarter. Nottingham Advisors Inc. now owns 88,912 shares of the exchange traded fund’s stock worth $11,215,000 after buying an additional 77,107 shares during the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA IWF opened at $117.44 on Wednesday. The company has a market capitalization of $120.14 billion, a PE ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.80. The company has a 50-day simple moving average of $123.42 and a 200 day simple moving average of $119.43.

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.