MML Investors Services LLC Increases Holdings in iShares Russell 1000 Growth ETF $IWF

MML Investors Services LLC increased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 526,778 shares of the exchange traded fund’s stock after buying an additional 14,913 shares during the quarter. iShares Russell 1000 Growth ETF comprises 0.6% of MML Investors Services LLC’s holdings, making the stock its 27th largest position. MML Investors Services LLC’s holdings in iShares Russell 1000 Growth ETF were worth $249,324,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Bright Futures Wealth Management LLC. acquired a new stake in iShares Russell 1000 Growth ETF during the third quarter worth $532,000. 1ST Source Bank increased its stake in iShares Russell 1000 Growth ETF by 0.8% during the third quarter. 1ST Source Bank now owns 568,098 shares of the exchange traded fund’s stock worth $266,103,000 after acquiring an additional 4,486 shares during the last quarter. Fifth Third Wealth Advisors LLC increased its stake in iShares Russell 1000 Growth ETF by 3.3% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 67,884 shares of the exchange traded fund’s stock worth $32,130,000 after acquiring an additional 2,139 shares during the last quarter. Farther Finance Advisors LLC increased its stake in iShares Russell 1000 Growth ETF by 59.3% during the fourth quarter. Farther Finance Advisors LLC now owns 46,216 shares of the exchange traded fund’s stock worth $21,874,000 after acquiring an additional 17,212 shares during the last quarter. Finally, Focus Partners Wealth increased its stake in iShares Russell 1000 Growth ETF by 75.0% during the third quarter. Focus Partners Wealth now owns 1,324,870 shares of the exchange traded fund’s stock worth $620,714,000 after acquiring an additional 568,001 shares during the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $121.61 on Monday. The business has a fifty day moving average of $120.45 and a two-hundred day moving average of $116.97. The stock has a market cap of $127.01 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 52-week low of $100.47 and a 52-week 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.