Objectivity Squared LLC Has $18.13 Million Position in iShares Russell 1000 Growth ETF $IWF

Objectivity Squared LLC boosted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 6.8% during the third quarter, HoldingsChannel reports. The fund owned 38,705 shares of the exchange traded fund’s stock after buying an additional 2,468 shares during the quarter. iShares Russell 1000 Growth ETF comprises 10.8% of Objectivity Squared LLC’s holdings, making the stock its 2nd biggest position. Objectivity Squared LLC’s holdings in iShares Russell 1000 Growth ETF were worth $18,130,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IWF. Bell Investment Advisors Inc purchased a new position in shares of iShares Russell 1000 Growth ETF in the second quarter worth about $32,000. Manning & Napier Advisors LLC bought a new position in iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $47,000. Flagship Wealth Advisors LLC grew its stake 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 valued at $51,000 after buying an additional 62 shares in the last quarter. Steigerwald Gordon & Koch Inc. purchased a new position in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $53,000. Finally, Compass Financial Services Inc bought a new stake in iShares Russell 1000 Growth ETF during the 2nd quarter valued at $62,000. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock opened at $447.17 on Friday. The firm has a market capitalization of $115.01 billion, a P/E ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $493.00. The business has a fifty day moving average price of $469.53 and a 200-day moving average price of $465.02.

iShares Russell 1000 Growth ETF Company 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.