iShares Russell 1000 Growth ETF $IWF Stake Lifted by Pointe Capital Management LLC

Pointe Capital Management LLC boosted its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 5.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 37,488 shares of the exchange traded fund’s stock after purchasing an additional 1,769 shares during the quarter. iShares Russell 1000 Growth ETF comprises 8.6% of Pointe Capital Management LLC’s portfolio, making the stock its largest position. Pointe Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $17,560,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of IWF. Laurel Wealth Advisors LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 42,358.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,704,689 shares of the exchange traded fund’s stock worth $723,777,000 after buying an additional 1,700,674 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter valued at about $452,320,000. Focus Partners Wealth increased its stake in iShares Russell 1000 Growth ETF by 75.0% during the third quarter. Focus Partners Wealth now owns 1,324,870 shares of the exchange traded fund’s stock worth $620,714,000 after acquiring an additional 568,001 shares during the last quarter. JPMorgan Chase & Co. lifted its stake 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 valued at $3,063,916,000 after purchasing an additional 411,172 shares in the last quarter. Finally, Northern Trust Corp grew its holdings in shares of iShares Russell 1000 Growth ETF by 8.1% during the 3rd quarter. Northern Trust Corp now owns 5,458,872 shares of the exchange traded fund’s stock worth $2,556,990,000 after purchasing an additional 409,416 shares during the period. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

IWF opened at $443.71 on Wednesday. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $493.00. The firm has a 50 day moving average price of $458.46 and a 200 day moving average price of $466.19. The company has a market cap of $114.12 billion, a PE ratio of 33.43 and a beta of 1.13.

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.