Rede Wealth LLC Purchases Shares of 1,270 iShares Russell 1000 Growth ETF $IWF

Rede Wealth LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,270 shares of the exchange traded fund’s stock, valued at approximately $595,000.

A number of other hedge funds also recently modified their holdings of the business. Kingstone Capital Partners Texas LLC increased its holdings in iShares Russell 1000 Growth ETF by 722,329.3% in the second 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. grew its position in shares of 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 buying an additional 68,243 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Russell 1000 Growth ETF by 6.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,216,343 shares of the exchange traded fund’s stock valued at $3,063,916,000 after buying an additional 411,172 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares Russell 1000 Growth ETF by 1.4% in the second quarter. Envestnet Asset Management Inc. now owns 5,285,390 shares of the exchange traded fund’s stock valued at $2,244,071,000 after buying an additional 70,645 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in shares of iShares Russell 1000 Growth ETF by 0.4% during the second quarter. PNC Financial Services Group Inc. now owns 3,112,830 shares of the exchange traded fund’s stock worth $1,321,645,000 after acquiring an additional 13,758 shares during the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock opened at $480.33 on Friday. The stock’s 50 day moving average is $475.05 and its 200 day moving average is $454.47. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $493.00. The firm has a market cap of $124.72 billion, a P/E ratio of 33.43 and a beta of 1.13.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.