iShares Russell 1000 Growth ETF $IWF Stock Acquired by Security Financial Services INC.

Security Financial Services INC. grew its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 193.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 7,615 shares of the exchange traded fund’s stock after buying an additional 5,019 shares during the period. Security Financial Services INC.’s holdings in iShares Russell 1000 Growth ETF were worth $954,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Hollow Brook Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the third quarter worth about $594,000. Woodmont Investment Counsel LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth about $1,292,000. Heritage Investors Management Corp purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth about $819,000. Greenleaf Trust acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at about $4,023,000. Finally, Verus Financial Partners Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at about $1,126,000. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $117.61 on Monday. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month high of $129.80. The business has a 50-day moving average price of $123.62 and a 200 day moving average price of $119.44. The firm has a market cap of $120.05 billion, a PE ratio of 33.43 and a beta of 1.16.

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.