iShares Russell 1000 Growth ETF $IWF is Adirondack Capital Advisors LLC’s 9th Largest Position

Adirondack Capital Advisors LLC boosted its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 296.5% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 45,720 shares of the exchange traded fund’s stock after purchasing an additional 34,188 shares during the quarter. iShares Russell 1000 Growth ETF makes up 3.0% of Adirondack Capital Advisors LLC’s portfolio, making the stock its 9th biggest holding. Adirondack Capital Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $5,677,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Arlington Trust Co LLC lifted its position in 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 valued at $778,000 after buying an additional 5,456 shares during the period. Breakwater Capital Group lifted its position in iShares Russell 1000 Growth ETF by 302.1% during the 2nd quarter. Breakwater Capital Group now owns 189,130 shares of the exchange traded fund’s stock valued at $23,484,000 after acquiring an additional 142,091 shares during the period. Tenzing Financial LLC bought a new stake in iShares Russell 1000 Growth ETF during the second quarter worth about $594,000. Farther Finance Advisors LLC boosted 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 in the last quarter. Finally, AMI Asset Management Corp grew its holdings in iShares Russell 1000 Growth ETF by 542.6% in the fourth quarter. AMI Asset Management Corp now owns 71,879 shares of the exchange traded fund’s stock worth $34,020,000 after purchasing an additional 60,693 shares during the period. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $123.60 on Wednesday. iShares Russell 1000 Growth ETF has a fifty-two week low of $102.23 and a fifty-two week high of $129.14. The company has a 50 day simple moving average of $121.57 and a two-hundred day simple moving average of $117.79. The company has a market capitalization of $126.64 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17.

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.