SVB Wealth LLC Has $4.23 Million Position in iShares Russell 1000 Growth ETF $IWF

SVB Wealth LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 178.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 34,040 shares of the exchange traded fund’s stock after purchasing an additional 21,816 shares during the period. SVB Wealth LLC’s holdings in iShares Russell 1000 Growth ETF were worth $4,227,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Roxbury Financial LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 300.0% in the second quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 162 shares during the last quarter. MBM Wealth Consultants LLC bought a new stake in iShares Russell 1000 Growth ETF during the 1st quarter worth about $28,000. Richards Merrill & Peterson Inc. increased its position in iShares Russell 1000 Growth ETF by 76.9% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 30 shares in the last quarter. Byrne Asset Management LLC increased its position in iShares Russell 1000 Growth ETF by 300.0% in the 2nd quarter. Byrne Asset Management LLC now owns 236 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 177 shares in the last quarter. Finally, Motiv8 Investments LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth about $35,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Down 0.3%

Shares of NYSEARCA IWF opened at $123.02 on Wednesday. iShares Russell 1000 Growth ETF has a 1-year low of $102.23 and a 1-year high of $129.14. The company has a 50-day moving average of $121.89 and a two-hundred day moving average of $118.93. The company has a market cap of $126.05 billion, a PE ratio of 33.43 and a beta of 1.17.

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.