iShares Russell 1000 Growth ETF $IWF is Covenant Partners LLC’s Largest Position

Covenant Partners LLC raised its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 221,527 shares of the exchange traded fund’s stock after acquiring an additional 3,583 shares during the period. iShares Russell 1000 Growth ETF comprises approximately 29.4% of Covenant Partners LLC’s investment portfolio, making the stock its largest holding. Covenant Partners LLC owned 0.09% of iShares Russell 1000 Growth ETF worth $103,765,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Concord Wealth Partners raised its holdings in shares of iShares Russell 1000 Growth ETF by 1,966.7% in the second quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 59 shares during the last quarter. HighMark Wealth Management LLC grew its position in iShares Russell 1000 Growth ETF by 60.5% in the 2nd quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 26 shares in the last quarter. Bell Investment Advisors Inc purchased a new stake in iShares Russell 1000 Growth ETF in the 2nd quarter valued at about $32,000. Steigerwald Gordon & Koch Inc. bought a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $53,000. Finally, First Community Trust NA lifted its position in shares of iShares Russell 1000 Growth ETF by 525.0% during the 2nd quarter. First Community Trust NA now owns 125 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 105 shares in the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Up 0.6%

IWF stock opened at $476.18 on Friday. The firm has a market cap of $125.00 billion, a PE ratio of 33.43 and a beta of 1.13. The business has a 50 day moving average of $474.03 and a 200-day moving average of $459.15. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $493.00.

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.