AMI Asset Management Corp Boosts Stake in iShares Russell 1000 Growth ETF $IWF

AMI Asset Management Corp increased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 542.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 71,879 shares of the exchange traded fund’s stock after purchasing an additional 60,693 shares during the period. iShares Russell 1000 Growth ETF makes up approximately 1.9% of AMI Asset Management Corp’s investment portfolio, making the stock its 22nd largest position. AMI Asset Management Corp’s holdings in iShares Russell 1000 Growth ETF were worth $34,020,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Breakwater Capital Group lifted its position in shares of iShares Russell 1000 Growth ETF by 3.0% during the 3rd quarter. Breakwater Capital Group now owns 38,154 shares of the exchange traded fund’s stock worth $17,872,000 after purchasing an additional 1,095 shares during the last quarter. First Horizon Corp purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth $39,629,000. Dynasty Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth $16,626,000. Bright Futures Wealth Management LLC. purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth $532,000. Finally, J.Safra Asset Management Corp lifted its position in shares of iShares Russell 1000 Growth ETF by 2.9% during the 3rd quarter. J.Safra Asset Management Corp now owns 366,955 shares of the exchange traded fund’s stock worth $171,885,000 after purchasing an additional 10,381 shares during the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 1.4%

iShares Russell 1000 Growth ETF stock opened at $452.42 on Tuesday. iShares Russell 1000 Growth ETF has a 12-month low of $328.33 and a 12-month high of $493.00. The stock has a market cap of $118.99 billion, a P/E ratio of 33.43 and a beta of 1.17. The company has a fifty day simple moving average of $443.87 and a 200-day simple moving average of $462.71.

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.