Procyon Advisors LLC Grows Stock Position in iShares Russell 1000 Growth ETF $IWF

Procyon Advisors LLC increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 43.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,821 shares of the exchange traded fund’s stock after acquiring an additional 13,812 shares during the period. iShares Russell 1000 Growth ETF comprises about 0.3% of Procyon Advisors LLC’s holdings, making the stock its 23rd largest holding. Procyon Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $21,687,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Holos Integrated Wealth LLC bought a new stake in iShares Russell 1000 Growth ETF during the 4th quarter valued at $35,000. Manning & Napier Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter worth $47,000. Flagship Wealth Advisors LLC grew its holdings in iShares Russell 1000 Growth ETF by 131.9% in the 3rd quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 62 shares during the last quarter. Steigerwald Gordon & Koch Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF in the third quarter valued at about $53,000. Finally, Capital A Wealth Management LLC increased its position in shares of iShares Russell 1000 Growth ETF by 298.1% in the second quarter. Capital A Wealth Management LLC now owns 207 shares of the exchange traded fund’s stock valued at $88,000 after acquiring an additional 155 shares during the period. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 1.8%

Shares of NYSEARCA:IWF opened at $427.44 on Friday. The company has a 50-day moving average price of $455.93 and a 200-day moving average price of $465.82. The company has a market cap of $109.94 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $493.00.

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.