S&CO Inc. Buys New Shares in iShares Russell 1000 Growth ETF $IWF

S&CO Inc. purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,126 shares of the exchange traded fund’s stock, valued at approximately $760,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of IWF. Principal Securities Inc. increased its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% during the 4th quarter. Principal Securities Inc. now owns 5,159 shares of the exchange traded fund’s stock worth $2,442,000 after purchasing an additional 22 shares during the period. Marks Group Wealth Management Inc lifted its stake in shares of iShares Russell 1000 Growth ETF by 2.1% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,123 shares of the exchange traded fund’s stock valued at $532,000 after buying an additional 23 shares during the period. Blankinship & Foster LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 0.4% in the first quarter. Blankinship & Foster LLC now owns 5,589 shares of the exchange traded fund’s stock valued at $2,383,000 after buying an additional 24 shares during the period. Rossby Financial LCC grew its position in iShares Russell 1000 Growth ETF by 3.7% during the fourth quarter. Rossby Financial LCC now owns 674 shares of the exchange traded fund’s stock worth $319,000 after buying an additional 24 shares in the last quarter. Finally, Cambridge Advisors Inc. grew its position in iShares Russell 1000 Growth ETF by 0.4% during the first quarter. Cambridge Advisors Inc. now owns 6,509 shares of the exchange traded fund’s stock worth $2,775,000 after buying an additional 25 shares in the last quarter. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF opened at $125.29 on Monday. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.14. The firm has a market capitalization of $128.37 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. The stock’s 50-day moving average price is $121.55 and its 200 day moving average price is $117.96.

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.