Founders Financial Alliance LLC Has $4.16 Million Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Founders Financial Alliance LLC cut its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,399 shares of the exchange traded fund’s stock after selling 196 shares during the quarter. iShares Russell 1000 Growth ETF makes up 1.2% of Founders Financial Alliance LLC’s holdings, making the stock its 14th biggest holding. Founders Financial Alliance LLC’s holdings in iShares Russell 1000 Growth ETF were worth $4,155,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. JPMorgan Chase & Co. boosted its stake in iShares Russell 1000 Growth ETF by 0.9% in the first quarter. JPMorgan Chase & Co. now owns 7,847,670 shares of the exchange traded fund’s stock valued at $2,645,057,000 after buying an additional 66,923 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares Russell 1000 Growth ETF by 6.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,413,232 shares of the exchange traded fund’s stock valued at $1,641,130,000 after buying an additional 341,407 shares during the period. Northern Trust Corp raised its holdings in iShares Russell 1000 Growth ETF by 3.9% in the 4th quarter. Northern Trust Corp now owns 4,202,517 shares of the exchange traded fund’s stock valued at $1,274,077,000 after buying an additional 156,995 shares during the last quarter. LPL Financial LLC boosted its position in iShares Russell 1000 Growth ETF by 2.1% during the 2nd quarter. LPL Financial LLC now owns 2,924,993 shares of the exchange traded fund’s stock worth $1,066,189,000 after buying an additional 60,668 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in iShares Russell 1000 Growth ETF by 4.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 2,216,427 shares of the exchange traded fund’s stock worth $807,910,000 after buying an additional 84,663 shares during the period.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA:IWF opened at $375.38 on Tuesday. The firm’s 50 day simple moving average is $359.55 and its 200 day simple moving average is $351.27. iShares Russell 1000 Growth ETF has a one year low of $256.01 and a one year high of $382.82. The company has a market cap of $99.31 billion, a PE ratio of 35.64 and a beta of 1.20.

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.