Bright Futures Wealth Management LLC. Takes Position in iShares Russell 1000 Growth ETF $IWF

Bright Futures Wealth Management LLC. purchased a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,135 shares of the exchange traded fund’s stock, valued at approximately $532,000.

Other institutional investors have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC lifted its position 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 worth $723,777,000 after buying an additional 1,700,674 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Russell 1000 Growth ETF by 6.0% during 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 acquiring an additional 411,172 shares during the last quarter. Baird Financial Group Inc. lifted its holdings 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 acquiring an additional 372,064 shares during the period. American Century Companies Inc. lifted its holdings in iShares Russell 1000 Growth ETF by 229.1% during the third quarter. American Century Companies Inc. now owns 254,376 shares of the exchange traded fund’s stock worth $119,153,000 after acquiring an additional 177,087 shares during the period. Finally, William Blair Investment Management LLC purchased a new position in iShares Russell 1000 Growth ETF in the third quarter worth $79,218,000. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA:IWF opened at $450.19 on Monday. 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 capitalization of $115.79 billion, a PE ratio of 33.43 and a beta of 1.13. The business has a fifty day moving average price of $465.31 and a two-hundred day moving average price of $466.01.

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.