167,323 Shares in iShares Russell 1000 Growth ETF $IWF Purchased by MV Capital Management Inc.

MV Capital Management Inc. acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 167,323 shares of the exchange traded fund’s stock, valued at approximately $79,194,000. iShares Russell 1000 Growth ETF comprises about 7.6% of MV Capital Management Inc.’s investment portfolio, making the stock its biggest holding. MV Capital Management Inc. owned about 0.07% of iShares Russell 1000 Growth ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in shares of iShares Russell 1000 Growth ETF by 1.6% during the fourth quarter. Bank of America Corp DE now owns 28,021,788 shares of the exchange traded fund’s stock valued at $13,262,712,000 after buying an additional 443,914 shares during the last quarter. Morgan Stanley boosted its position in shares of iShares Russell 1000 Growth ETF by 2.2% during the fourth quarter. Morgan Stanley now owns 27,636,174 shares of the exchange traded fund’s stock worth $13,080,203,000 after buying an additional 587,889 shares during the period. JPMorgan Chase & Co. grew its holdings in iShares Russell 1000 Growth ETF by 1.0% in the 4th quarter. JPMorgan Chase & Co. now owns 7,496,501 shares of the exchange traded fund’s stock worth $3,548,095,000 after buying an additional 70,843 shares in the last quarter. Northern Trust Corp grew its holdings in iShares Russell 1000 Growth ETF by 1.9% in the 4th quarter. Northern Trust Corp now owns 5,560,417 shares of the exchange traded fund’s stock worth $2,631,745,000 after buying an additional 101,545 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in iShares Russell 1000 Growth ETF by 1.7% in the 4th quarter. LPL Financial LLC now owns 3,755,659 shares of the exchange traded fund’s stock worth $1,777,554,000 after buying an additional 63,975 shares in the last quarter. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $123.19 on Friday. The stock’s 50 day moving average price is $121.68 and its 200 day moving average price is $117.10. The stock has a market cap of $128.66 billion, a P/E ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 12 month low of $100.47 and a 12 month high of $129.14.

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.