Krilogy Financial LLC Makes New $5.33 Million Investment in iShares Russell 1000 Growth ETF $IWF

Krilogy Financial LLC purchased a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 11,100 shares of the exchange traded fund’s stock, valued at approximately $5,327,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its position in shares of iShares Russell 1000 Growth ETF by 6.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,216,343 shares of the exchange traded fund’s stock worth $3,063,916,000 after buying an additional 411,172 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares Russell 1000 Growth ETF by 1.4% in the second 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 acquiring an additional 70,645 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in iShares Russell 1000 Growth ETF by 0.4% in the second 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 acquiring an additional 13,758 shares in the last quarter. Baird Financial Group Inc. grew its holdings in iShares Russell 1000 Growth ETF by 15.8% in the second 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 last quarter. Finally, M&T Bank Corp increased its position in shares of iShares Russell 1000 Growth ETF by 1.1% during the second quarter. M&T Bank Corp now owns 2,560,776 shares of the exchange traded fund’s stock worth $1,087,303,000 after purchasing an additional 27,927 shares in the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock opened at $459.52 on Wednesday. The business has a fifty day moving average price of $471.10 and a 200-day moving average price of $465.14. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $493.00. The stock has a market capitalization of $118.19 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13.

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.