Franklin Resources Inc. Increases Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Franklin Resources Inc. boosted its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 17.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 44,748 shares of the exchange traded fund’s stock after purchasing an additional 6,696 shares during the quarter. Franklin Resources Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $17,970,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Runnymede Capital Advisors Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at about $27,000. Signature Resources Capital Management LLC acquired a new position in iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $28,000. Peterson Wealth Services purchased a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $35,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth $46,000. Finally, one8zero8 LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at $47,000.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF opened at $326.03 on Tuesday. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $419.53. The stock’s 50-day moving average is $386.57 and its two-hundred day moving average is $391.89. The stock has a market cap of $86.53 billion, a PE ratio of 31.13 and a beta of 1.15.

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.