Caprock Group LLC Invests $7.59 Million in iShares Russell 1000 Growth ETF $IWF

Caprock Group LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the third quarter, HoldingsChannel reports. The institutional investor acquired 17,039 shares of the exchange traded fund’s stock, valued at approximately $7,593,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWF. Flagship Private Wealth LLC lifted its holdings in iShares Russell 1000 Growth ETF by 0.8% during the third quarter. Flagship Private Wealth LLC now owns 2,747 shares of the exchange traded fund’s stock valued at $1,287,000 after purchasing an additional 21 shares in the last quarter. Ironwood Wealth Management LLC. increased its stake in shares of iShares Russell 1000 Growth ETF by 0.6% in the third quarter. Ironwood Wealth Management LLC. now owns 4,277 shares of the exchange traded fund’s stock worth $2,003,000 after purchasing an additional 24 shares in the last quarter. Telos Capital Management Inc. raised its position in shares of iShares Russell 1000 Growth ETF by 1.3% during the 2nd quarter. Telos Capital Management Inc. now owns 1,924 shares of the exchange traded fund’s stock valued at $817,000 after purchasing an additional 25 shares during the period. Golden State Equity Partners lifted its stake in shares of iShares Russell 1000 Growth ETF by 0.9% during the 3rd quarter. Golden State Equity Partners now owns 2,897 shares of the exchange traded fund’s stock valued at $1,357,000 after buying an additional 25 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 1.5% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 1,842 shares of the exchange traded fund’s stock valued at $782,000 after buying an additional 27 shares in the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $459.52 on Wednesday. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $493.00. The firm has a market capitalization of $118.19 billion, a PE ratio of 33.43 and a beta of 1.13. The stock has a fifty day simple moving average of $471.10 and a two-hundred day simple moving average of $465.14.

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.