DAVENPORT & Co LLC Buys 2,516 Shares of iShares Russell 1000 Growth ETF $IWF

DAVENPORT & Co LLC increased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 35.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,704 shares of the exchange traded fund’s stock after purchasing an additional 2,516 shares during the period. DAVENPORT & Co LLC’s holdings in iShares Russell 1000 Growth ETF were worth $4,593,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. CIBC Bancorp USA Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth about $452,320,000. Focus Partners Wealth increased its stake in shares of iShares Russell 1000 Growth ETF by 75.0% in the 3rd quarter. Focus Partners Wealth now owns 1,324,870 shares of the exchange traded fund’s stock valued at $620,714,000 after acquiring an additional 568,001 shares during the last quarter. Northern Trust Corp raised its position in shares of iShares Russell 1000 Growth ETF by 8.1% in the 3rd quarter. Northern Trust Corp now owns 5,458,872 shares of the exchange traded fund’s stock valued at $2,556,990,000 after acquiring an additional 409,416 shares during the period. Baird Financial Group Inc. raised its position in shares of iShares Russell 1000 Growth ETF by 15.8% in the 2nd quarter. Baird Financial Group Inc. now owns 2,729,778 shares of the exchange traded fund’s stock valued at $1,159,009,000 after acquiring an additional 372,064 shares during the period. Finally, Tcfg Wealth Management LLC boosted its stake in iShares Russell 1000 Growth ETF by 26,473.7% during the 3rd quarter. Tcfg Wealth Management LLC now owns 366,717 shares of the exchange traded fund’s stock worth $171,774,000 after acquiring an additional 365,337 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $412.81 on Friday. The stock has a market cap of $106.17 billion, a P/E ratio of 33.43 and a beta of 1.13. The firm has a 50 day moving average price of $451.26 and a 200 day moving average price of $464.90. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $493.00.

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.