Sustainable Growth Advisers LP Increases Position in iShares Russell 1000 Growth ETF $IWF

Sustainable Growth Advisers LP increased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 237.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,027 shares of the exchange traded fund’s stock after buying an additional 7,053 shares during the quarter. Sustainable Growth Advisers LP’s holdings in iShares Russell 1000 Growth ETF were worth $4,746,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Godsey & Gibb Inc. purchased a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at $27,000. Concord Wealth Partners boosted its stake in shares of iShares Russell 1000 Growth ETF by 210.0% during the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 42 shares in the last quarter. Reyes Financial Architecture Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth about $30,000. Networth Advisors LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth about $32,000. Finally, Holos Integrated Wealth LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth about $35,000. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Up 0.7%

IWF stock opened at $128.77 on Tuesday. The company’s 50-day simple moving average is $117.33 and its 200-day simple moving average is $116.52. iShares Russell 1000 Growth ETF has a 52-week low of $99.14 and a 52-week high of $129.14. The firm has a market cap of $134.49 billion, a P/E 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.