Howe & Rusling Inc. Boosts Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Howe & Rusling Inc. increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 38.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 374 shares of the exchange traded fund’s stock after purchasing an additional 103 shares during the quarter. Howe & Rusling Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $150,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $1,367,267,000. Strategic Financial Concepts LLC lifted its stake in iShares Russell 1000 Growth ETF by 44,227.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 656,939 shares of the exchange traded fund’s stock worth $263,814,000 after purchasing an additional 655,457 shares in the last quarter. Wellington Management Group LLP lifted its stake in iShares Russell 1000 Growth ETF by 5,975.8% in the 3rd quarter. Wellington Management Group LLP now owns 540,989 shares of the exchange traded fund’s stock worth $203,076,000 after purchasing an additional 532,085 shares in the last quarter. Prudential Financial Inc. boosted its holdings in iShares Russell 1000 Growth ETF by 100.9% in the 4th quarter. Prudential Financial Inc. now owns 831,195 shares of the exchange traded fund’s stock valued at $333,791,000 after purchasing an additional 417,507 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of iShares Russell 1000 Growth ETF by 5.2% during the 4th quarter. JPMorgan Chase & Co. now owns 7,116,045 shares of the exchange traded fund’s stock valued at $2,857,662,000 after purchasing an additional 349,222 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

iShares Russell 1000 Growth ETF stock opened at $370.07 on Friday. iShares Russell 1000 Growth ETF has a fifty-two week low of $315.24 and a fifty-two week high of $419.53. The stock has a market cap of $97.05 billion, a P/E ratio of 31.83 and a beta of 1.11. The firm’s fifty day moving average price is $395.07 and its 200-day moving average price is $392.11.

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.