Valley National Advisers Inc. Purchases New Stake in iShares Russell 1000 Growth ETF $IWF

Valley National Advisers Inc. acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 17,396 shares of the exchange traded fund’s stock, valued at approximately $2,179,000.

Other large investors also recently modified their holdings of the company. Richardson Capital Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth $665,000. Norris Perne & French LLP MI purchased a new position in iShares Russell 1000 Growth ETF in the third quarter valued at $1,132,000. Signaturefd LLC purchased a new position in iShares Russell 1000 Growth ETF in the third quarter valued at $924,594,000. ORBA Wealth Advisors L.L.C. increased its holdings in iShares Russell 1000 Growth ETF by 30.1% in the third quarter. ORBA Wealth Advisors L.L.C. now owns 5,022 shares of the exchange traded fund’s stock valued at $629,000 after buying an additional 1,161 shares during the last quarter. Finally, Citizens Financial Group Inc. RI acquired a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at $19,246,000. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock opened at $119.61 on Friday. The stock has a market cap of $122.59 billion, a PE ratio of 33.43 and a beta of 1.16. The stock’s fifty day moving average is $123.84 and its two-hundred day moving average is $122.16. iShares Russell 1000 Growth ETF has a 1-year low of $102.23 and a 1-year high of $129.80.

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.