NewEdge Advisors LLC Grows Holdings in iShares Russell 1000 Growth ETF $IWF

NewEdge Advisors LLC increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 315.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 845,080 shares of the exchange traded fund’s stock after buying an additional 641,900 shares during the period. NewEdge Advisors LLC owned about 0.08% of iShares Russell 1000 Growth ETF worth $104,934,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in IWF. Arlington Trust Co LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 671.9% in the 2nd quarter. Arlington Trust Co LLC now owns 6,268 shares of the exchange traded fund’s stock valued at $778,000 after acquiring an additional 5,456 shares during the last quarter. Breakwater Capital Group raised its position in shares of iShares Russell 1000 Growth ETF by 302.1% during the 2nd quarter. Breakwater Capital Group now owns 189,130 shares of the exchange traded fund’s stock valued at $23,484,000 after acquiring an additional 142,091 shares in the last quarter. Compass Financial Management LLC bought a new position in iShares Russell 1000 Growth ETF during the second quarter worth $590,000. Tenzing Financial LLC bought a new position in iShares Russell 1000 Growth ETF during the second quarter worth $594,000. Finally, First Bank & Trust boosted its holdings in iShares Russell 1000 Growth ETF by 300.0% in the second quarter. First Bank & Trust now owns 10,376 shares of the exchange traded fund’s stock worth $1,288,000 after purchasing an additional 7,782 shares during the period. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $123.02 on Wednesday. The firm has a market cap of $126.05 billion, a price-to-earnings 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. The firm has a fifty day moving average price of $121.89 and a two-hundred day moving average price of $118.93.

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.