iShares Russell 1000 Growth ETF $IWF Shares Bought by Friday Financial

Friday Financial grew its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 91.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 71,042 shares of the exchange traded fund’s stock after acquiring an additional 33,862 shares during the quarter. iShares Russell 1000 Growth ETF comprises approximately 1.8% of Friday Financial’s investment portfolio, making the stock its 15th biggest position. Friday Financial’s holdings in iShares Russell 1000 Growth ETF were worth $8,932,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Envestnet Asset Management Inc. grew its holdings in shares of iShares Russell 1000 Growth ETF by 291.9% in the second quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock valued at $2,603,007,000 after purchasing an additional 15,614,625 shares during the period. Baird Financial Group Inc. raised its stake in iShares Russell 1000 Growth ETF by 312.9% during the second quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock worth $1,438,978,000 after purchasing an additional 8,781,777 shares during the period. Royal Bank of Canada raised its stake in iShares Russell 1000 Growth ETF by 16.2% during the fourth quarter. Royal Bank of Canada now owns 2,024,447 shares of the exchange traded fund’s stock worth $958,170,000 after purchasing an additional 282,106 shares during the period. Focus Partners Wealth boosted its holdings in iShares Russell 1000 Growth ETF by 44.1% in the 4th quarter. Focus Partners Wealth now owns 1,908,493 shares of the exchange traded fund’s stock valued at $903,193,000 after purchasing an additional 583,623 shares during the last quarter. Finally, Stairway Partners LLC acquired a new position in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $198,042,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock opened at $127.91 on Friday. The firm has a 50 day simple moving average of $124.00 and a 200-day simple moving average of $120.99. The stock has a market cap of $130.33 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 1-year low of $102.23 and a 1-year high of $129.80.

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.