5,442 Shares of iShares Russell 1000 Growth ETF $IWF Purchased by Polaris Financial Partners

Polaris Financial Partners acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 5,442 shares of the exchange traded fund’s stock, valued at approximately $687,000.

A number of other large investors have also recently made changes to their positions in IWF. Marks Group Wealth Management Inc lifted its stake in iShares Russell 1000 Growth ETF by 2.1% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,123 shares of the exchange traded fund’s stock worth $532,000 after acquiring an additional 23 shares during the last quarter. Blankinship & Foster LLC increased its position in shares of iShares Russell 1000 Growth ETF by 0.4% in the 1st quarter. Blankinship & Foster LLC now owns 5,589 shares of the exchange traded fund’s stock valued at $2,383,000 after purchasing an additional 24 shares during the last quarter. Cambridge Advisors Inc. increased its position in shares of iShares Russell 1000 Growth ETF by 0.4% in the 1st quarter. Cambridge Advisors Inc. now owns 6,509 shares of the exchange traded fund’s stock valued at $2,775,000 after purchasing an additional 25 shares during the last quarter. SageGuard Financial Group LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 4.4% in the 1st quarter. SageGuard Financial Group LLC now owns 587 shares of the exchange traded fund’s stock valued at $250,000 after purchasing an additional 25 shares in the last quarter. Finally, Balboa Wealth Partners raised its holdings in shares of iShares Russell 1000 Growth ETF by 1.4% in the 1st quarter. Balboa Wealth Partners now owns 1,947 shares of the exchange traded fund’s stock valued at $830,000 after purchasing an additional 26 shares in the last quarter. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

Shares of iShares Russell 1000 Growth ETF stock traded up $1.34 during trading on Friday, hitting $127.07. 3,642,592 shares of the stock were exchanged, compared to its average volume of 7,613,225. The firm’s 50-day moving average price is $122.65 and its 200 day moving average price is $120.28. The stock has a market cap of $129.61 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month 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.