Quantbot Technologies LP Makes New Investment in iShares Russell 1000 Growth ETF $IWF

Quantbot Technologies LP bought a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 6,872 shares of the exchange traded fund’s stock, valued at approximately $2,918,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Concord Wealth Partners boosted its holdings in iShares Russell 1000 Growth ETF by 1,966.7% in the 2nd quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 59 shares during the period. HighMark Wealth Management LLC raised its holdings in iShares Russell 1000 Growth ETF by 60.5% during the 2nd quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 26 shares during the period. Bell Investment Advisors Inc purchased a new stake in shares of iShares Russell 1000 Growth ETF during the second quarter worth $32,000. First Community Trust NA boosted its holdings in shares of iShares Russell 1000 Growth ETF by 525.0% in the second quarter. First Community Trust NA now owns 125 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 105 shares during the period. Finally, Compass Financial Services Inc bought a new position in shares of iShares Russell 1000 Growth ETF in the second quarter worth $62,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA:IWF opened at $477.43 on Friday. The business’s fifty day moving average is $472.93 and its 200 day moving average is $445.79. The firm has a market cap of $123.96 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $493.00.

iShares Russell 1000 Growth ETF Company 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.