Commerce Bank Has $177.65 Million Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Commerce Bank increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 442,364 shares of the exchange traded fund’s stock after purchasing an additional 1,882 shares during the quarter. iShares Russell 1000 Growth ETF makes up 1.1% of Commerce Bank’s investment portfolio, making the stock its 13th largest holding. Commerce Bank owned about 0.17% of iShares Russell 1000 Growth ETF worth $177,645,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of IWF. JPMorgan Chase & Co. grew its holdings in shares of iShares Russell 1000 Growth ETF by 5.2% during the fourth quarter. JPMorgan Chase & Co. now owns 7,116,045 shares of the exchange traded fund’s stock valued at $2,857,662,000 after buying an additional 349,222 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares Russell 1000 Growth ETF by 3.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 5,383,487 shares of the exchange traded fund’s stock valued at $2,161,901,000 after purchasing an additional 157,559 shares during the period. Wells Fargo & Company MN increased its holdings in shares of iShares Russell 1000 Growth ETF by 9.8% in the 4th quarter. Wells Fargo & Company MN now owns 4,514,226 shares of the exchange traded fund’s stock valued at $1,812,823,000 after purchasing an additional 402,405 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth approximately $1,367,267,000. Finally, LPL Financial LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 4.2% during the fourth quarter. LPL Financial LLC now owns 3,146,450 shares of the exchange traded fund’s stock worth $1,263,551,000 after purchasing an additional 127,129 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $341.62 on Friday. iShares Russell 1000 Growth ETF has a 52 week low of $308.67 and a 52 week high of $419.53. The company has a market capitalization of $90.67 billion, a PE ratio of 31.13 and a beta of 1.15. The company’s 50 day moving average price is $373.30 and its 200 day moving average price is $389.41.

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.