Pekin Hardy Strauss Inc. Makes New $595,000 Investment in iShares Russell 1000 Growth ETF $IWF

Pekin Hardy Strauss Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 4,750 shares of the exchange traded fund’s stock, valued at approximately $595,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Kestra Advisory Services LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 0.9% in the 3rd quarter. Kestra Advisory Services LLC now owns 885,067 shares of the exchange traded fund’s stock valued at $110,864,000 after buying an additional 8,201 shares during the period. Claro Advisors Inc. raised its stake in iShares Russell 1000 Growth ETF by 3.3% during the third quarter. Claro Advisors Inc. now owns 314,732 shares of the exchange traded fund’s stock worth $39,423,000 after acquiring an additional 10,201 shares during the period. Telos Capital Management Inc. acquired a new stake in iShares Russell 1000 Growth ETF during the third quarter worth about $897,000. Inscription Capital LLC lifted its holdings in iShares Russell 1000 Growth ETF by 31.8% in the third quarter. Inscription Capital LLC now owns 3,213 shares of the exchange traded fund’s stock worth $402,000 after acquiring an additional 775 shares during the last quarter. Finally, Commonwealth Equity Services LLC bought a new position in iShares Russell 1000 Growth ETF in the third quarter worth about $780,796,000. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Up 1.3%

Shares of NYSEARCA IWF opened at $111.75 on Friday. The firm’s 50-day moving average price is $122.87 and its two-hundred day moving average price is $119.38. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.80. The stock has a market capitalization of $114.24 billion, a P/E ratio of 33.43 and a beta of 1.17.

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.