Capstone Financial Advisors Inc. Buys 342,681 Shares of iShares Russell 1000 Growth ETF $IWF

Capstone Financial Advisors Inc. grew its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 299.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 457,245 shares of the exchange traded fund’s stock after purchasing an additional 342,681 shares during the period. iShares Russell 1000 Growth ETF comprises about 2.8% of Capstone Financial Advisors Inc.’s holdings, making the stock its 9th biggest holding. Capstone Financial Advisors Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $56,776,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of IWF. Bank of America Corp DE lifted its stake in iShares Russell 1000 Growth ETF by 1.6% during 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 position in shares of iShares Russell 1000 Growth ETF by 2.2% in the 4th quarter. Morgan Stanley now owns 27,636,174 shares of the exchange traded fund’s stock valued at $13,080,203,000 after acquiring an additional 587,889 shares in the last quarter. Baird Financial Group Inc. boosted its stake in iShares Russell 1000 Growth ETF by 312.9% in the 2nd quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock worth $1,438,978,000 after purchasing an additional 8,781,777 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of iShares Russell 1000 Growth ETF by 1.0% during the fourth quarter. JPMorgan Chase & Co. now owns 7,496,501 shares of the exchange traded fund’s stock valued at $3,548,095,000 after buying an additional 70,843 shares in the last quarter. Finally, Northern Trust Corp raised its position in iShares Russell 1000 Growth ETF by 1.9% during the fourth quarter. Northern Trust Corp now owns 5,560,417 shares of the exchange traded fund’s stock valued at $2,631,745,000 after buying an additional 101,545 shares during the period. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 0.5%

Shares of NYSEARCA IWF opened at $122.46 on Thursday. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14. The firm has a market capitalization of $125.47 billion, a PE ratio of 33.43 and a beta of 1.17. The business has a 50-day moving average price of $121.88 and a two-hundred day moving average price of $119.00.

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.