Bright Futures Wealth Management LLC. Invests $532,000 in iShares Russell 1000 Growth ETF $IWF

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

Several other institutional investors and hedge funds have also bought and sold shares of IWF. JPMorgan Chase & Co. raised its stake 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 buying an additional 209,315 shares during the period. PNC Financial Services Group Inc. raised its stake in iShares Russell 1000 Growth ETF by 0.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 3,112,830 shares of the exchange traded fund’s stock valued at $1,321,645,000 after acquiring an additional 13,758 shares during the period. Baird Financial Group Inc. raised its stake in 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. M&T Bank Corp lifted its holdings in iShares Russell 1000 Growth ETF by 1.1% during the second quarter. M&T Bank Corp now owns 2,560,776 shares of the exchange traded fund’s stock valued at $1,087,303,000 after purchasing an additional 27,927 shares during the last quarter. Finally, Laurel Wealth Advisors LLC boosted its position in iShares Russell 1000 Growth ETF by 42,358.0% during the second quarter. Laurel Wealth Advisors LLC now owns 1,704,689 shares of the exchange traded fund’s stock worth $723,777,000 after purchasing an additional 1,700,674 shares during the period. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Down 0.9%

IWF opened at $450.19 on Monday. The firm has a 50-day moving average price of $465.31 and a 200-day moving average price of $466.01. iShares Russell 1000 Growth ETF has a twelve month low of $308.67 and a twelve month high of $493.00. The company has a market capitalization of $115.79 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13.

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.