Claro Advisors Inc. Buys 6,118 Shares of iShares Russell 1000 Growth ETF $IWF

Claro Advisors Inc. boosted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 11.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 60,362 shares of the exchange traded fund’s stock after purchasing an additional 6,118 shares during the period. iShares Russell 1000 Growth ETF makes up approximately 3.9% of Claro Advisors Inc.’s portfolio, making the stock its 2nd biggest holding. Claro Advisors Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $28,569,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of IWF. Revolve Wealth Partners LLC grew its position in shares of iShares Russell 1000 Growth ETF by 2.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock valued at $2,589,000 after acquiring an additional 153 shares during the period. Bison Wealth LLC grew its position in shares of iShares Russell 1000 Growth ETF by 20.5% during the 4th quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock valued at $9,195,000 after acquiring an additional 3,888 shares during the period. Schnieders Capital Management LLC. grew its position in shares of iShares Russell 1000 Growth ETF by 24.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock valued at $1,806,000 after acquiring an additional 849 shares during the period. Russell Investments Group Ltd. grew its position in shares of iShares Russell 1000 Growth ETF by 55.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,378 shares of the exchange traded fund’s stock valued at $1,434,000 after acquiring an additional 1,205 shares during the period. Finally, First Trust Advisors LP grew its position in shares of iShares Russell 1000 Growth ETF by 70.3% during the 2nd quarter. First Trust Advisors LP now owns 1,960 shares of the exchange traded fund’s stock valued at $832,000 after acquiring an additional 809 shares during the period. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Down 1.4%

NYSEARCA:IWF opened at $121.60 on Thursday. iShares Russell 1000 Growth ETF has a 52 week low of $100.47 and a 52 week high of $129.14. The stock has a market capitalization of $127.00 billion, a PE ratio of 33.43 and a beta of 1.16. The stock’s 50-day moving average price is $121.37 and its 200-day moving average price is $117.07.

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.