Parkside Financial Bank & Trust Grows Position in iShares Russell 1000 Growth ETF $IWF

Parkside Financial Bank & Trust increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 289.6% during the second quarter, according to its most recent filing with the SEC. The fund owned 296,339 shares of the exchange traded fund’s stock after buying an additional 220,282 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 2.5% of Parkside Financial Bank & Trust’s portfolio, making the stock its 6th largest holding. Parkside Financial Bank & Trust’s holdings in iShares Russell 1000 Growth ETF were worth $36,796,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Arlington Trust Co LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 671.9% in the 2nd quarter. Arlington Trust Co LLC now owns 6,268 shares of the exchange traded fund’s stock worth $778,000 after purchasing an additional 5,456 shares during the period. Breakwater Capital Group grew its holdings in iShares Russell 1000 Growth ETF by 302.1% during the second quarter. Breakwater Capital Group now owns 189,130 shares of the exchange traded fund’s stock valued at $23,484,000 after purchasing an additional 142,091 shares during the period. Compass Financial Management LLC bought a new position in iShares Russell 1000 Growth ETF during the second quarter valued at $590,000. Tenzing Financial LLC purchased a new stake in iShares Russell 1000 Growth ETF in the second quarter worth $594,000. Finally, First Bank & Trust increased its position in iShares Russell 1000 Growth ETF by 300.0% in the second quarter. First Bank & Trust now owns 10,376 shares of the exchange traded fund’s stock worth $1,288,000 after buying an additional 7,782 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA IWF opened at $123.41 on Tuesday. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14. The business’s fifty day moving average price is $121.92 and its 200-day moving average price is $118.86. The stock has a market capitalization of $126.45 billion, a PE 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.