Oakworth Capital Inc. Acquires 1,477,023 Shares of iShares Russell 1000 Growth ETF $IWF

Oakworth Capital Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,477,023 shares of the exchange traded fund’s stock, valued at approximately $185,012,000. iShares Russell 1000 Growth ETF accounts for 8.7% of Oakworth Capital Inc.’s portfolio, making the stock its 2nd largest position. Oakworth Capital Inc. owned about 0.14% of iShares Russell 1000 Growth ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IWF. Arlington Trust Co LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 671.9% during the second quarter. Arlington Trust Co LLC now owns 6,268 shares of the exchange traded fund’s stock worth $778,000 after buying an additional 5,456 shares during the period. Brookstone Capital Management bought a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth about $6,233,000. Farmers & Merchants Investments Inc. bought a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth about $771,000. Brookmont Capital Management acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $779,000. Finally, Capital Investment Advisors LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $4,986,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $122.25 on Wednesday. The firm has a market cap of $124.76 billion, a PE ratio of 33.43 and a beta of 1.16. The business’s 50 day simple moving average is $123.73 and its 200 day simple moving average is $119.42. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.80.

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.