JPMorgan Chase & Co. trimmed its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 7.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,694,561 shares of the exchange traded fund’s stock after selling 551,687 shares during the quarter. JPMorgan Chase & Co. owned about 2.59% of iShares Russell 1000 Growth ETF worth $1,635,683,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Moneta Group Investment Advisors LLC raised its position in shares of iShares Russell 1000 Growth ETF by 145,777.6% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 223,496,182 shares of the exchange traded fund’s stock worth $47,881,822,000 after buying an additional 223,342,974 shares in the last quarter. Bank of America Corp DE grew its stake in shares of iShares Russell 1000 Growth ETF by 9.1% in the 4th quarter. Bank of America Corp DE now owns 38,134,434 shares of the exchange traded fund’s stock worth $8,169,921,000 after purchasing an additional 3,186,645 shares during the last quarter. Morgan Stanley grew its stake in shares of iShares Russell 1000 Growth ETF by 6.2% in the 4th quarter. Morgan Stanley now owns 22,099,282 shares of the exchange traded fund’s stock worth $4,734,550,000 after purchasing an additional 1,283,522 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of iShares Russell 1000 Growth ETF by 13.4% in the 4th quarter. Wells Fargo & Company MN now owns 5,150,534 shares of the exchange traded fund’s stock worth $1,103,450,000 after purchasing an additional 608,288 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of iShares Russell 1000 Growth ETF by 3.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,391,377 shares of the exchange traded fund’s stock worth $726,569,000 after purchasing an additional 108,937 shares during the last quarter.
iShares Russell 1000 Growth ETF Price Performance
Shares of IWF opened at $279.07 on Thursday. The firm’s 50 day moving average is $277.63 and its 200-day moving average is $259.18. The stock has a market capitalization of $71.19 billion, a P/E ratio of 26.14 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 12-month low of $202.05 and a 12-month high of $286.96.
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.
Further Reading
- Five stocks we like better than iShares Russell 1000 Growth ETF
- How to Invest in Insurance Companies: A Guide
- Is Enbridge Stock Too Cheap to Pass Up Now?
- How to Find Undervalued Stocks
- 5 Best REIT Alternatives for Passive Real Estate Income
- Utilities Stocks Explained – How and Why to Invest in Utilities
- 5 Reasons Kroger Should Be On Every Income Investor Watchlist
Receive News & Ratings for iShares Russell 1000 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.