Sovran Advisors LLC Has $8.27 Million Stock Position in iShares Russell 1000 Growth ETF $IWF

Sovran Advisors LLC boosted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 15.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,077 shares of the exchange traded fund’s stock after purchasing an additional 2,304 shares during the period. Sovran Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $8,269,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. Concord Wealth Partners grew its stake in shares of iShares Russell 1000 Growth ETF by 1,966.7% in the second quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 59 shares in the last quarter. HighMark Wealth Management LLC lifted its stake in iShares Russell 1000 Growth ETF by 60.5% in the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 26 shares during the last quarter. Bell Investment Advisors Inc bought a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter valued at about $32,000. Manning & Napier Advisors LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $47,000. Finally, Flagship Wealth Advisors LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 131.9% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 62 shares during the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA:IWF opened at $468.26 on Monday. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $493.00. The company has a market capitalization of $121.21 billion, a P/E ratio of 33.43 and a beta of 1.13. The company has a 50-day simple moving average of $472.34 and a 200 day simple moving average of $462.60.

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