Thrivent Financial for Lutherans Grows Stake in iShares Russell 1000 Growth ETF $IWF

Thrivent Financial for Lutherans boosted its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 49.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 200,382 shares of the exchange traded fund’s stock after purchasing an additional 66,121 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.08% of iShares Russell 1000 Growth ETF worth $93,861,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Endowment Wealth Management Inc. acquired a new position in iShares Russell 1000 Growth ETF in the second quarter valued at $210,000. Dynasty Wealth Management LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter worth about $16,626,000. First Horizon Corp purchased a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $39,629,000. Advyzon Investment Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the 2nd quarter valued at about $615,000. Finally, Permanent Capital Management LP acquired a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at about $4,100,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock opened at $465.95 on Friday. The firm’s 50-day simple moving average is $473.34 and its 200-day simple moving average is $463.83. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $493.00. The firm has a market cap of $120.31 billion, a P/E ratio of 33.43 and a beta of 1.13.

iShares Russell 1000 Growth ETF 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.