D.A. Davidson & CO. Boosts Stake in iShares Russell 1000 Growth ETF $IWF

D.A. Davidson & CO. boosted its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.5% in the 1st quarter, Holdings Channel reports. The firm owned 378,467 shares of the exchange traded fund’s stock after purchasing an additional 16,461 shares during the period. iShares Russell 1000 Growth ETF comprises about 1.0% of D.A. Davidson & CO.’s portfolio, making the stock its 18th largest holding. D.A. Davidson & CO.’s holdings in iShares Russell 1000 Growth ETF were worth $161,378,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its stake in shares of iShares Russell 1000 Growth ETF by 1.6% in the fourth quarter. Bank of America Corp DE now owns 28,021,788 shares of the exchange traded fund’s stock valued at $13,262,712,000 after buying an additional 443,914 shares in the last quarter. Morgan Stanley lifted its stake in iShares Russell 1000 Growth ETF by 2.2% during the 4th quarter. Morgan Stanley now owns 27,636,174 shares of the exchange traded fund’s stock worth $13,080,203,000 after acquiring an additional 587,889 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares Russell 1000 Growth ETF by 1.0% during the 4th quarter. JPMorgan Chase & Co. now owns 7,496,501 shares of the exchange traded fund’s stock valued at $3,548,095,000 after acquiring an additional 70,843 shares during the period. Northern Trust Corp grew its position in iShares Russell 1000 Growth ETF by 1.9% in the 4th quarter. Northern Trust Corp now owns 5,560,417 shares of the exchange traded fund’s stock valued at $2,631,745,000 after acquiring an additional 101,545 shares in the last quarter. Finally, LPL Financial LLC increased its stake in iShares Russell 1000 Growth ETF by 1.7% during the fourth quarter. LPL Financial LLC now owns 3,755,659 shares of the exchange traded fund’s stock worth $1,777,554,000 after purchasing an additional 63,975 shares during the period. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $123.58 on Thursday. The stock has a market capitalization of $127.58 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.14. The company’s 50-day simple moving average is $123.38 and its 200-day simple moving average is $117.51.

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.