Claro Advisors LLC Has $6.15 Million Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Claro Advisors LLC lifted its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1,157.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,250 shares of the exchange traded fund’s stock after purchasing an additional 16,799 shares during the period. iShares Russell 1000 Growth ETF accounts for 1.1% of Claro Advisors LLC’s portfolio, making the stock its 17th largest position. Claro Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $6,151,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of IWF. Cranbrook Wealth Management LLC acquired a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth $30,000. Creekmur Asset Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at $33,000. Planned Solutions Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at $34,000. Frazier Financial Advisors LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at $36,000. Finally, Sound Income Strategies LLC raised its position in shares of iShares Russell 1000 Growth ETF by 772.2% during the 4th quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 139 shares during the last quarter.

iShares Russell 1000 Growth ETF Price Performance

Shares of iShares Russell 1000 Growth ETF stock traded up $3.42 on Monday, hitting $367.93. 1,398,756 shares of the company’s stock traded hands, compared to its average volume of 1,346,578. iShares Russell 1000 Growth ETF has a one year low of $256.01 and a one year high of $370.46. The firm’s 50-day moving average price is $345.40 and its two-hundred day moving average price is $329.51. The stock has a market capitalization of $97.34 billion, a PE ratio of 35.64 and a beta of 1.20.

iShares Russell 1000 Growth ETF Company 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.