Breakwater Capital Group Purchases 1,095 Shares of iShares Russell 1000 Growth ETF $IWF

Breakwater Capital Group lifted its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 38,154 shares of the exchange traded fund’s stock after acquiring an additional 1,095 shares during the period. iShares Russell 1000 Growth ETF makes up approximately 2.6% of Breakwater Capital Group’s investment portfolio, making the stock its 6th largest position. Breakwater Capital Group’s holdings in iShares Russell 1000 Growth ETF were worth $17,872,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its position in iShares Russell 1000 Growth ETF by 6.0% in the second quarter. JPMorgan Chase & Co. now owns 7,216,343 shares of the exchange traded fund’s stock valued at $3,063,916,000 after buying an additional 411,172 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares Russell 1000 Growth ETF by 1.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,285,390 shares of the exchange traded fund’s stock worth $2,244,071,000 after purchasing an additional 70,645 shares during the period. PNC Financial Services Group Inc. increased its position in shares of iShares Russell 1000 Growth ETF by 0.4% during the second quarter. PNC Financial Services Group Inc. now owns 3,112,830 shares of the exchange traded fund’s stock worth $1,321,645,000 after buying an additional 13,758 shares during the period. Baird Financial Group Inc. raised its stake in iShares Russell 1000 Growth ETF by 15.8% during the second quarter. Baird Financial Group Inc. now owns 2,729,778 shares of the exchange traded fund’s stock worth $1,159,009,000 after buying an additional 372,064 shares during the last quarter. Finally, M&T Bank Corp lifted its holdings in iShares Russell 1000 Growth ETF by 1.1% in the second quarter. M&T Bank Corp now owns 2,560,776 shares of the exchange traded fund’s stock valued at $1,087,303,000 after buying an additional 27,927 shares during the period. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 2.4%

Shares of iShares Russell 1000 Growth ETF stock opened at $456.84 on Monday. The business has a 50-day moving average price of $471.73 and a two-hundred day moving average price of $464.84. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $493.00. The company has a market cap of $117.50 billion, a P/E ratio of 33.43 and a beta of 1.13.

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.