Logan Capital Management Inc. Has $5.90 Million Position in iShares Russell 1000 Growth ETF $IWF

Logan Capital Management Inc. increased its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2,507.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 12,466 shares of the exchange traded fund’s stock after buying an additional 11,988 shares during the quarter. Logan Capital Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $5,900,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Kovack Advisors Inc. raised its position in iShares Russell 1000 Growth ETF by 134.2% in the fourth quarter. Kovack Advisors Inc. now owns 3,328 shares of the exchange traded fund’s stock worth $1,575,000 after purchasing an additional 1,907 shares in the last quarter. Compass Capital Management Inc. acquired a new position in iShares Russell 1000 Growth ETF in the fourth quarter worth about $217,000. Polen Capital Management LLC raised its position in iShares Russell 1000 Growth ETF by 240.6% in the fourth quarter. Polen Capital Management LLC now owns 776,086 shares of the exchange traded fund’s stock worth $367,321,000 after purchasing an additional 548,235 shares in the last quarter. Sepio Capital LP raised its position in iShares Russell 1000 Growth ETF by 165.4% in the fourth quarter. Sepio Capital LP now owns 21,572 shares of the exchange traded fund’s stock worth $10,210,000 after purchasing an additional 13,443 shares in the last quarter. Finally, First Financial Bankshares Inc raised its position in iShares Russell 1000 Growth ETF by 8.4% in the fourth quarter. First Financial Bankshares Inc now owns 1,205 shares of the exchange traded fund’s stock worth $570,000 after purchasing an additional 93 shares in the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Up 1.6%

NYSEARCA:IWF opened at $121.57 on Friday. iShares Russell 1000 Growth ETF has a 12-month low of $100.47 and a 12-month high of $129.14. The firm has a market capitalization of $126.97 billion, a PE ratio of 33.43 and a beta of 1.16. The firm has a 50-day moving average price of $120.17 and a 200 day moving average price of $116.94.

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.