Valmark Advisers Inc. Has $5.50 Million Stock Holdings in iShares Russell 1000 Growth ETF $IWF

Valmark Advisers Inc. lessened its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.2% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 12,963 shares of the exchange traded fund’s stock after selling 295 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $5,504,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. Kingstone Capital Partners Texas LLC boosted its holdings in iShares Russell 1000 Growth ETF by 722,329.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 17,851,227 shares of the exchange traded fund’s stock valued at $7,579,274,000 after purchasing an additional 17,848,756 shares during the period. Goldman Sachs Group Inc. increased its position in iShares Russell 1000 Growth ETF by 0.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,688,217 shares of the exchange traded fund’s stock valued at $3,498,319,000 after acquiring an additional 68,243 shares in the last quarter. Northern Trust Corp increased its position in iShares Russell 1000 Growth ETF by 4.3% in the 1st quarter. Northern Trust Corp now owns 5,109,809 shares of the exchange traded fund’s stock valued at $1,845,101,000 after acquiring an additional 208,598 shares in the last quarter. LPL Financial LLC grew its position in shares of iShares Russell 1000 Growth ETF by 4.2% during the 1st quarter. LPL Financial LLC now owns 3,280,071 shares of the exchange traded fund’s stock worth $1,184,401,000 after buying an additional 133,621 shares during the period. Finally, Commonwealth Equity Services LLC grew its position in shares of iShares Russell 1000 Growth ETF by 3.6% during the 1st quarter. Commonwealth Equity Services LLC now owns 2,173,269 shares of the exchange traded fund’s stock worth $784,746,000 after buying an additional 75,027 shares during the period. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock opened at $470.26 on Wednesday. The company’s 50 day simple moving average is $453.55 and its 200 day simple moving average is $413.09. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $473.84. The firm has a market capitalization of $122.57 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08.

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.