Stonebridge Financial Group LLC Takes Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Stonebridge Financial Group LLC purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 32,943 shares of the exchange traded fund’s stock, valued at approximately $13,229,000. iShares Russell 1000 Growth ETF comprises about 1.5% of Stonebridge Financial Group LLC’s investment portfolio, making the stock its 16th biggest position.

A number of other large investors have also recently bought and sold shares of the business. AQR Capital Management LLC acquired a new stake in iShares Russell 1000 Growth ETF in the second quarter valued at about $200,000. Carnegie Investment Counsel lifted its holdings in shares of iShares Russell 1000 Growth ETF by 5.9% in the 3rd quarter. Carnegie Investment Counsel now owns 2,946 shares of the exchange traded fund’s stock valued at $1,106,000 after buying an additional 165 shares during the period. Concourse Financial Group Securities Inc. boosted its stake in shares of iShares Russell 1000 Growth ETF by 1.3% in the third quarter. Concourse Financial Group Securities Inc. now owns 3,487 shares of the exchange traded fund’s stock valued at $1,309,000 after buying an additional 46 shares in the last quarter. Koshinski Asset Management Inc. grew its holdings in iShares Russell 1000 Growth ETF by 12.2% during the third quarter. Koshinski Asset Management Inc. now owns 5,318 shares of the exchange traded fund’s stock worth $1,996,000 after acquiring an additional 580 shares during the period. Finally, Sound Income Strategies LLC grew its holdings in iShares Russell 1000 Growth ETF by 98.5% during the third quarter. Sound Income Strategies LLC now owns 260 shares of the exchange traded fund’s stock worth $98,000 after acquiring an additional 129 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

iShares Russell 1000 Growth ETF stock opened at $412.26 on Tuesday. The company has a market cap of $109.06 billion, a P/E ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a one year low of $315.24 and a one year high of $419.53. The business has a fifty day moving average of $408.47 and a two-hundred day moving average of $384.81.

iShares Russell 1000 Growth ETF 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.