Accel Wealth Management Raises Stake in iShares Russell 1000 Growth ETF $IWF

Accel Wealth Management boosted its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 290.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 1,955 shares of the exchange traded fund’s stock after buying an additional 1,454 shares during the period. Accel Wealth Management’s holdings in iShares Russell 1000 Growth ETF were worth $916,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Montecito Bank & Trust purchased a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter valued at $35,036,000. Proathlete Wealth Management LLC boosted its position in iShares Russell 1000 Growth ETF by 2.9% during the 3rd quarter. Proathlete Wealth Management LLC now owns 104,754 shares of the exchange traded fund’s stock worth $49,068,000 after purchasing an additional 2,984 shares during the period. Graves Light Lenhart Wealth Inc. increased its holdings in iShares Russell 1000 Growth ETF by 56.6% in the 3rd quarter. Graves Light Lenhart Wealth Inc. now owns 1,312 shares of the exchange traded fund’s stock valued at $615,000 after purchasing an additional 474 shares in the last quarter. Thrive Wealth Management LLC raised its position in iShares Russell 1000 Growth ETF by 26.3% in the third quarter. Thrive Wealth Management LLC now owns 3,435 shares of the exchange traded fund’s stock valued at $1,609,000 after purchasing an additional 716 shares during the period. Finally, Old Port Advisors purchased a new position in iShares Russell 1000 Growth ETF in the third quarter valued at about $204,000. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA IWF opened at $461.36 on Thursday. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $493.00. The business has a 50-day moving average of $473.63 and a 200-day moving average of $451.01. The company has a market capitalization of $119.79 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13.

iShares Russell 1000 Growth ETF 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.