iShares Russell 1000 Growth ETF Target of Unusually High Options Trading (NYSEARCA:IWF)

iShares Russell 1000 Growth ETF (NYSEARCA:IWF) saw some unusual options trading activity on Monday. Traders bought 2,414 call options on the company. This is an increase of approximately 275% compared to the typical volume of 644 call options.

iShares Russell 1000 Growth ETF Stock Performance

iShares Russell 1000 Growth ETF stock traded down $0.92 during trading on Monday, reaching $121.35. The company had a trading volume of 1,640,599 shares, compared to its average volume of 7,881,998. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.14. The stock’s 50 day moving average price is $121.91 and its two-hundred day moving average price is $119.13. The firm has a market capitalization of $124.34 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17.

Institutional Trading of iShares Russell 1000 Growth ETF

Several institutional investors have recently made changes to their positions in IWF. Arlington Trust Co LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 671.9% during the 2nd quarter. Arlington Trust Co LLC now owns 6,268 shares of the exchange traded fund’s stock valued at $778,000 after buying an additional 5,456 shares during the period. Breakwater Capital Group raised its holdings in iShares Russell 1000 Growth ETF by 302.1% in the second quarter. Breakwater Capital Group now owns 189,130 shares of the exchange traded fund’s stock valued at $23,484,000 after acquiring an additional 142,091 shares in the last quarter. Compass Financial Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 2nd quarter valued at about $590,000. Tenzing Financial LLC acquired a new stake in iShares Russell 1000 Growth ETF during the second quarter valued at approximately $594,000. Finally, First Bank & Trust lifted its stake in iShares Russell 1000 Growth ETF by 300.0% during the second quarter. First Bank & Trust now owns 10,376 shares of the exchange traded fund’s stock worth $1,288,000 after purchasing an additional 7,782 shares during the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

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.