iShares Russell 1000 Growth ETF $IWF is Accretive Wealth Partners LLC’s Largest Position

Accretive Wealth Partners LLC lifted its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 6.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 41,467 shares of the exchange traded fund’s stock after acquiring an additional 2,383 shares during the quarter. iShares Russell 1000 Growth ETF comprises approximately 5.9% of Accretive Wealth Partners LLC’s portfolio, making the stock its largest position. Accretive Wealth Partners LLC’s holdings in iShares Russell 1000 Growth ETF were worth $19,423,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Balentine LLC increased its holdings in iShares Russell 1000 Growth ETF by 1.5% in the third quarter. Balentine LLC now owns 5,619 shares of the exchange traded fund’s stock valued at $2,632,000 after buying an additional 84 shares during the last quarter. Putney Financial Group LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 3,268.0% in the 3rd quarter. Putney Financial Group LLC now owns 842 shares of the exchange traded fund’s stock valued at $394,000 after acquiring an additional 817 shares during the last quarter. Ballast Inc. increased its holdings in shares of iShares Russell 1000 Growth ETF by 2.6% in the 3rd quarter. Ballast Inc. now owns 24,960 shares of the exchange traded fund’s stock valued at $11,692,000 after acquiring an additional 642 shares during the last quarter. Texas Yale Capital Corp. raised its position in shares of iShares Russell 1000 Growth ETF by 1.4% during the 3rd quarter. Texas Yale Capital Corp. now owns 2,238 shares of the exchange traded fund’s stock valued at $1,048,000 after acquiring an additional 30 shares in the last quarter. Finally, Providence Financial Advisors LLC bought a new position in iShares Russell 1000 Growth ETF during the third quarter worth $2,152,000. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA:IWF opened at $447.17 on Tuesday. The company’s fifty day moving average is $468.90 and its two-hundred day moving average is $465.42. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $493.00. The stock has a market capitalization of $115.01 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13.

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.