AdvisorShares Investments LLC Takes Position in iShares Russell 1000 Growth ETF $IWF

AdvisorShares Investments LLC bought a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 4th quarter, Holdings Channel reports. The firm bought 34,636 shares of the exchange traded fund’s stock, valued at approximately $16,393,000. iShares Russell 1000 Growth ETF accounts for about 2.7% of AdvisorShares Investments LLC’s investment portfolio, making the stock its 8th largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Breakwater Capital Group grew its position in iShares Russell 1000 Growth ETF by 3.0% during the third quarter. Breakwater Capital Group now owns 38,154 shares of the exchange traded fund’s stock worth $17,872,000 after buying an additional 1,095 shares in the last quarter. Bright Futures Wealth Management LLC. acquired a new stake in iShares Russell 1000 Growth ETF during the third quarter worth approximately $532,000. 1ST Source Bank grew its position in iShares Russell 1000 Growth ETF by 0.8% during the third quarter. 1ST Source Bank now owns 568,098 shares of the exchange traded fund’s stock worth $266,103,000 after buying an additional 4,486 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its position in iShares Russell 1000 Growth ETF by 3.3% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 67,884 shares of the exchange traded fund’s stock worth $32,130,000 after buying an additional 2,139 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in iShares Russell 1000 Growth ETF by 59.3% during the fourth quarter. Farther Finance Advisors LLC now owns 46,216 shares of the exchange traded fund’s stock worth $21,874,000 after buying an additional 17,212 shares in the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF opened at $127.85 on Friday. The business has a fifty day moving average price of $116.93 and a two-hundred day moving average price of $116.49. iShares Russell 1000 Growth ETF has a fifty-two week low of $98.47 and a fifty-two week high of $128.15. The stock has a market capitalization of $133.53 billion, a PE ratio of 33.43 and a beta of 1.16.

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.