Fifth Third Bancorp Acquires 595,395 Shares of iShares Russell 1000 Growth ETF $IWF

Fifth Third Bancorp boosted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 153.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 983,920 shares of the exchange traded fund’s stock after buying an additional 595,395 shares during the period. iShares Russell 1000 Growth ETF makes up approximately 0.8% of Fifth Third Bancorp’s holdings, making the stock its 24th biggest holding. Fifth Third Bancorp’s holdings in iShares Russell 1000 Growth ETF were worth $419,544,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of IWF. Godsey & Gibb Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth $27,000. MBM Wealth Consultants LLC bought a new position in iShares Russell 1000 Growth ETF during the first quarter worth about $28,000. Concord Wealth Partners increased its holdings in shares of iShares Russell 1000 Growth ETF by 210.0% during the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 42 shares during the last quarter. Richards Merrill & Peterson Inc. increased its holdings in shares of iShares Russell 1000 Growth ETF by 76.9% in the first quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 30 shares during the last quarter. Finally, Reyes Financial Architecture Inc. bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $30,000. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Up 0.5%

Shares of iShares Russell 1000 Growth ETF stock traded up $0.65 during trading on Friday, reaching $123.95. The company’s stock had a trading volume of 2,580,609 shares, compared to its average volume of 9,297,511. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.14. The business’s 50-day moving average price is $123.25 and its 200-day moving average price is $117.46. The firm has a market cap of $127.92 billion, a PE ratio of 33.43 and a beta of 1.16.

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.