Rockland Trust Co. Makes New Investment in iShares Russell 1000 Growth ETF $IWF

Rockland Trust Co. acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 17,274 shares of the exchange traded fund’s stock, valued at approximately $2,164,000.

A number of other hedge funds have also recently made changes to their positions in the business. Polaris Financial Partners bought a new position in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $687,000. CX Institutional increased its holdings in iShares Russell 1000 Growth ETF by 3.4% during the 3rd quarter. CX Institutional now owns 244,028 shares of the exchange traded fund’s stock worth $30,567,000 after purchasing an additional 8,008 shares in the last quarter. Stairway Partners LLC bought a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $198,042,000. Global Wealth Strategies & Associates raised its stake in shares of iShares Russell 1000 Growth ETF by 34.6% in the third quarter. Global Wealth Strategies & Associates now owns 2,881 shares of the exchange traded fund’s stock worth $361,000 after purchasing an additional 741 shares during the last quarter. Finally, Montecito Bank & Trust purchased a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter worth approximately $35,336,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock traded up $1.09 during trading hours on Monday, reaching $128.16. The company had a trading volume of 2,886,532 shares, compared to its average volume of 7,588,124. The company has a market cap of $130.73 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 12 month low of $102.23 and a 12 month high of $129.14. The business has a fifty day simple moving average of $122.84 and a 200-day simple moving average of $120.39.

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.