Financial Plan Inc. Acquires New Position in iShares Russell 1000 Growth ETF $IWF

Financial Plan Inc. acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,750 shares of the exchange traded fund’s stock, valued at approximately $1,302,000.

A number of other institutional investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its holdings in shares of 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 purchasing an additional 209,315 shares in the last quarter. Northern Trust Corp grew its holdings in shares of iShares Russell 1000 Growth ETF by 8.1% in the third quarter. Northern Trust Corp now owns 5,458,872 shares of the exchange traded fund’s stock valued at $2,556,990,000 after purchasing an additional 409,416 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of iShares Russell 1000 Growth ETF by 75.0% in the third quarter. Focus Partners Wealth now owns 1,324,870 shares of the exchange traded fund’s stock valued at $620,714,000 after purchasing an additional 568,001 shares in the last quarter. HighTower Advisors LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 10.3% in the third quarter. HighTower Advisors LLC now owns 1,290,494 shares of the exchange traded fund’s stock valued at $604,498,000 after purchasing an additional 120,069 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of iShares Russell 1000 Growth ETF by 1.0% in the third quarter. Bank of New York Mellon Corp now owns 1,225,855 shares of the exchange traded fund’s stock valued at $574,203,000 after purchasing an additional 12,342 shares in the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 0.7%

NYSEARCA IWF opened at $471.26 on Wednesday. iShares Russell 1000 Growth ETF has a 52 week low of $335.60 and a 52 week high of $493.00. The stock has a market capitalization of $122.93 billion, a PE ratio of 33.43 and a beta of 1.17. The firm has a 50 day moving average of $445.56 and a two-hundred day moving average of $462.77.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.