Stephens Inc. AR Grows Stake in iShares Russell 1000 Growth ETF $IWF

Stephens Inc. AR raised its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.2% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 254,613 shares of the exchange traded fund’s stock after purchasing an additional 8,011 shares during the period. iShares Russell 1000 Growth ETF comprises 1.5% of Stephens Inc. AR’s portfolio, making the stock its 12th biggest position. Stephens Inc. AR owned 0.10% of iShares Russell 1000 Growth ETF worth $119,263,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kingstone Capital Partners Texas LLC raised its holdings in shares of 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 acquiring an additional 17,848,756 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares Russell 1000 Growth ETF by 6.0% during 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 purchasing an additional 411,172 shares during the period. Envestnet Asset Management Inc. increased its position in iShares Russell 1000 Growth ETF by 1.4% during the 2nd 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 purchasing an additional 70,645 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 3,112,830 shares of the exchange traded fund’s stock valued at $1,321,645,000 after purchasing an additional 13,758 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its position in shares of iShares Russell 1000 Growth ETF by 15.8% in the 2nd quarter. Baird Financial Group Inc. now owns 2,729,778 shares of the exchange traded fund’s stock worth $1,159,009,000 after purchasing an additional 372,064 shares during the period. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA IWF opened at $475.81 on Wednesday. The company has a market cap of $124.69 billion, a PE ratio of 33.43 and a beta of 1.13. The firm’s 50 day moving average price is $473.74 and its 200-day moving average price is $460.25. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $493.00.

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