iShares Russell 1000 Growth ETF $IWF Shares Acquired by CX Institutional

CX Institutional increased its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 244,028 shares of the exchange traded fund’s stock after purchasing an additional 8,008 shares during the quarter. iShares Russell 1000 Growth ETF comprises about 0.8% of CX Institutional’s portfolio, making the stock its 28th biggest holding. CX Institutional’s holdings in iShares Russell 1000 Growth ETF were worth $30,567,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. MBM Wealth Consultants LLC acquired a new position in iShares Russell 1000 Growth ETF during the 1st quarter worth $28,000. Richards Merrill & Peterson Inc. increased its holdings in shares of iShares Russell 1000 Growth ETF by 76.9% during the first quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 30 shares during the period. Motiv8 Investments LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at about $35,000. Modus Advisors LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at about $53,000. Finally, Hilton Head Capital Partners LLC acquired a new stake in iShares Russell 1000 Growth ETF in the fourth quarter worth about $55,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Up 1.1%

IWF traded up $1.34 on Friday, reaching $127.07. The company had a trading volume of 3,642,592 shares, compared to its average volume of 7,613,225. The company has a fifty day moving average of $122.65 and a 200-day moving average of $120.28. The company has a market capitalization of $129.61 billion, a P/E ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14.

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.