Orrstown Financial Services Inc. Raises Position in iShares Russell 1000 Growth ETF $IWF

Orrstown Financial Services Inc. grew its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 300.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,780 shares of the exchange traded fund’s stock after acquiring an additional 6,585 shares during the period. Orrstown Financial Services Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $1,090,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Stairway Partners LLC boosted its holdings in iShares Russell 1000 Growth ETF by 294.0% in the second quarter. Stairway Partners LLC now owns 1,579,113 shares of the exchange traded fund’s stock valued at $196,078,000 after purchasing an additional 1,178,345 shares during the period. 71 West Capital Partners acquired a new position in iShares Russell 1000 Growth ETF during the 4th quarter worth $385,150,000. OpenArc Corporate Advisory LLC purchased a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth about $376,761,000. Dynasty Wealth Management LLC increased its holdings in iShares Russell 1000 Growth ETF by 1,752.6% during the 4th quarter. Dynasty Wealth Management LLC now owns 657,578 shares of the exchange traded fund’s stock worth $311,232,000 after purchasing an additional 622,083 shares during the period. Finally, Fifth Third Bancorp increased its holdings in iShares Russell 1000 Growth ETF by 153.2% during the 1st quarter. Fifth Third Bancorp now owns 983,920 shares of the exchange traded fund’s stock worth $419,544,000 after purchasing an additional 595,395 shares during the period. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $124.17 on Tuesday. The business’s 50-day moving average is $121.66 and its two-hundred day moving average is $117.73. The firm has a market capitalization of $127.22 billion, a P/E ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.14.

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.