iShares Russell 1000 Growth ETF Target of Unusually Large Options Trading (NYSEARCA:IWF)

iShares Russell 1000 Growth ETF (NYSEARCA:IWF) was the target of unusually large options trading on Monday. Stock traders acquired 2,414 call options on the company. This is an increase of 275% compared to the typical daily volume of 644 call options.

iShares Russell 1000 Growth ETF Stock Down 0.7%

Shares of IWF opened at $120.45 on Wednesday. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.14. The firm has a market capitalization of $120.57 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. The stock’s 50-day moving average price is $121.86 and its 200 day moving average price is $119.23.

Institutional Trading of iShares Russell 1000 Growth ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Marks Group Wealth Management Inc raised its holdings in shares of iShares Russell 1000 Growth ETF by 2.1% during the fourth quarter. Marks Group Wealth Management Inc now owns 1,123 shares of the exchange traded fund’s stock worth $532,000 after acquiring an additional 23 shares in the last quarter. Blankinship & Foster LLC grew its stake in iShares Russell 1000 Growth ETF by 0.4% in the first quarter. Blankinship & Foster LLC now owns 5,589 shares of the exchange traded fund’s stock valued at $2,383,000 after purchasing an additional 24 shares in the last quarter. Cambridge Advisors Inc. grew its stake in iShares Russell 1000 Growth ETF by 0.4% in the first quarter. Cambridge Advisors Inc. now owns 6,509 shares of the exchange traded fund’s stock valued at $2,775,000 after purchasing an additional 25 shares in the last quarter. SageGuard Financial Group LLC increased its position in iShares Russell 1000 Growth ETF by 4.4% in the 1st quarter. SageGuard Financial Group LLC now owns 587 shares of the exchange traded fund’s stock worth $250,000 after purchasing an additional 25 shares during the last quarter. Finally, Balboa Wealth Partners increased its position in iShares Russell 1000 Growth ETF by 1.4% in the 1st quarter. Balboa Wealth Partners now owns 1,947 shares of the exchange traded fund’s stock worth $830,000 after purchasing an additional 26 shares during the last quarter. 75.33% of the stock is currently owned by institutional investors.

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.