iShares Russell 1000 Growth ETF $IWF Shares Bought by Simplicity Wealth LLC

Simplicity Wealth LLC increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 9.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,025 shares of the exchange traded fund’s stock after purchasing an additional 4,442 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares Russell 1000 Growth ETF were worth $6,391,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brookmont Capital Management purchased a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $779,000. NTV Asset Management LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $12,053,000. Sowell Financial Services LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $11,728,000. Ascent Wealth Partners LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $58,749,000. Finally, Evergreen Capital Management LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $3,222,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 0.4%

IWF opened at $119.61 on Friday. The firm has a market cap of $122.59 billion, a P/E ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.80. The business’s fifty day simple moving average is $123.84 and its 200 day simple moving average is $122.16.

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