Icon Wealth Advisors LLC Has $9.04 Million Stock Position in iShares Russell 1000 Growth ETF $IWF

Icon Wealth Advisors LLC grew its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 47.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 19,088 shares of the exchange traded fund’s stock after purchasing an additional 6,186 shares during the quarter. Icon Wealth Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $9,035,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Cornerstone Financial Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at $327,000. Element Wealth LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 19.7% in the 4th quarter. Element Wealth LLC now owns 534 shares of the exchange traded fund’s stock valued at $253,000 after purchasing an additional 88 shares during the period. Arax Advisory Partners acquired a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at $3,803,000. Brown Advisory Inc. lifted its stake in shares of iShares Russell 1000 Growth ETF by 74.2% in the 4th quarter. Brown Advisory Inc. now owns 536,841 shares of the exchange traded fund’s stock valued at $254,091,000 after purchasing an additional 228,609 shares during the period. Finally, Biondo Investment Advisors LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 0.6% in the 4th quarter. Biondo Investment Advisors LLC now owns 7,173 shares of the exchange traded fund’s stock valued at $3,395,000 after purchasing an additional 46 shares during the period. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Up 0.0%

IWF stock opened at $121.61 on Friday. The business’s fifty day moving average is $120.45 and its 200-day moving average is $116.97. The company has a market cap of $127.01 billion, a P/E ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a twelve month low of $100.47 and a twelve month high of $129.14.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.