Congress Asset Management Co. Boosts Stock Position in iShares Russell 1000 Growth ETF $IWF

Congress Asset Management Co. grew its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 309.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 76,657 shares of the exchange traded fund’s stock after buying an additional 57,934 shares during the period. Congress Asset Management Co.’s holdings in iShares Russell 1000 Growth ETF were worth $36,282,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in iShares Russell 1000 Growth ETF by 2.9% in the third quarter. JPMorgan Chase & Co. now owns 7,425,658 shares of the exchange traded fund’s stock valued at $3,478,253,000 after acquiring an additional 209,315 shares in the last quarter. Northern Trust Corp increased its position in shares of iShares Russell 1000 Growth ETF by 8.1% during the third quarter. Northern Trust Corp now owns 5,458,872 shares of the exchange traded fund’s stock worth $2,556,990,000 after purchasing an additional 409,416 shares in the last quarter. Baird Financial Group Inc. increased its position in shares of 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 purchasing an additional 372,064 shares in the last quarter. M&T Bank Corp lifted its holdings in shares of iShares Russell 1000 Growth ETF by 1.1% during the 2nd 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 purchasing an additional 27,927 shares during the last quarter. Finally, Laurel Wealth Advisors LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 42,358.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,704,689 shares of the exchange traded fund’s stock valued at $723,777,000 after purchasing an additional 1,700,674 shares during the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $429.42 on Wednesday. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $493.00. The company has a market cap of $110.45 billion, a PE ratio of 33.43 and a beta of 1.13. The business has a 50-day simple moving average of $454.14 and a two-hundred day simple moving average of $465.70.

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.