Rockland Trust Co. Has $2.76 Million Stake in iShares Russell 1000 Growth ETF $IWF

Rockland Trust Co. boosted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 277.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,889 shares of the exchange traded fund’s stock after purchasing an additional 4,329 shares during the period. Rockland Trust Co.’s holdings in iShares Russell 1000 Growth ETF were worth $2,758,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Concord Wealth Partners increased its holdings in 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 purchasing an additional 59 shares during the period. Bell Investment Advisors Inc bought a new stake in shares of iShares Russell 1000 Growth ETF in the 2nd quarter valued at about $32,000. Manning & Napier Advisors LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter valued at about $47,000. Flagship Wealth Advisors LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 131.9% in the third quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock valued at $51,000 after buying an additional 62 shares during the period. Finally, Steigerwald Gordon & Koch Inc. bought a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth about $53,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock opened at $460.98 on Tuesday. The stock has a market capitalization of $118.56 billion, a PE ratio of 33.43 and a beta of 1.13. The business’s 50 day simple moving average is $471.45 and its 200 day simple moving average is $465.00. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $493.00.

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.