Allworth Financial LP Buys 54,007 Shares of iShares Russell 1000 Growth ETF $IWF

Allworth Financial LP grew its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 20.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 316,475 shares of the exchange traded fund’s stock after buying an additional 54,007 shares during the quarter. Allworth Financial LP’s holdings in iShares Russell 1000 Growth ETF were worth $39,297,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Arlington Trust Co LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 671.9% during the second quarter. Arlington Trust Co LLC now owns 6,268 shares of the exchange traded fund’s stock worth $778,000 after buying an additional 5,456 shares during the period. Breakwater Capital Group grew its holdings in shares of iShares Russell 1000 Growth ETF by 302.1% during the second quarter. Breakwater Capital Group now owns 189,130 shares of the exchange traded fund’s stock worth $23,484,000 after buying an additional 142,091 shares in the last quarter. Compass Financial Management LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 2nd quarter valued at approximately $590,000. Tenzing Financial LLC bought a new stake in iShares Russell 1000 Growth ETF in the 2nd quarter valued at approximately $594,000. Finally, First Bank & Trust boosted its position in iShares Russell 1000 Growth ETF by 300.0% during the 2nd quarter. First Bank & Trust now owns 10,376 shares of the exchange traded fund’s stock worth $1,288,000 after acquiring an additional 7,782 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF traded down $0.39 during mid-day trading on Tuesday, hitting $123.02. 3,068,450 shares of the company’s stock were exchanged, compared to its average volume of 8,009,393. The company has a market cap of $126.05 billion, a PE ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.14. The company has a 50-day simple moving average of $121.92 and a 200 day simple moving average of $118.86.

About iShares Russell 1000 Growth ETF

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.