IFP Advisors Inc Buys 37,237 Shares of iShares Russell 1000 Growth ETF $IWF

IFP Advisors Inc increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 304.1% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 49,480 shares of the exchange traded fund’s stock after acquiring an additional 37,237 shares during the quarter. IFP Advisors Inc’s holdings in iShares Russell 1000 Growth ETF were worth $6,144,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWF. Baird Financial Group Inc. increased its position in shares of 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 acquiring an additional 8,781,777 shares during the period. Waverly Advisors LLC grew its stake in iShares Russell 1000 Growth ETF by 585.1% in the second quarter. Waverly Advisors LLC now owns 1,393,291 shares of the exchange traded fund’s stock worth $173,005,000 after purchasing an additional 1,189,910 shares in the last quarter. Stairway Partners LLC grew its stake in iShares Russell 1000 Growth ETF by 294.0% in the second quarter. Stairway Partners LLC now owns 1,579,113 shares of the exchange traded fund’s stock worth $196,078,000 after purchasing an additional 1,178,345 shares in the last quarter. 71 West Capital Partners purchased a new position in iShares Russell 1000 Growth ETF during the 4th quarter worth $385,150,000. Finally, OpenArc Corporate Advisory LLC purchased a new position in iShares Russell 1000 Growth ETF during the 4th quarter worth $376,761,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 0.5%

Shares of NYSEARCA IWF opened at $122.46 on Thursday. The business has a fifty day simple moving average of $121.88 and a two-hundred day simple moving average of $119.00. The firm has a market cap of $125.47 billion, a PE ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month high of $129.14.

About iShares Russell 1000 Growth ETF

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.