VeraBank N.A. Has $2.22 Million Stock Position in iShares Russell 1000 Growth ETF $IWF

VeraBank N.A. grew its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 7.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,228 shares of the exchange traded fund’s stock after purchasing an additional 375 shares during the period. VeraBank N.A.’s holdings in iShares Russell 1000 Growth ETF were worth $2,220,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Endowment Wealth Management Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the second quarter valued at about $210,000. PGIM Custom Harvest LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 27.3% in the first quarter. PGIM Custom Harvest LLC now owns 5,428 shares of the exchange traded fund’s stock valued at $1,960,000 after purchasing an additional 1,165 shares in the last quarter. Partnership Wealth Management LLC lifted its position in iShares Russell 1000 Growth ETF by 5.4% in the second quarter. Partnership Wealth Management LLC now owns 18,058 shares of the exchange traded fund’s stock worth $7,667,000 after purchasing an additional 922 shares during the period. Obermeyer Wealth Partners boosted its stake in iShares Russell 1000 Growth ETF by 27.0% during the first quarter. Obermeyer Wealth Partners now owns 3,565 shares of the exchange traded fund’s stock worth $1,287,000 after buying an additional 759 shares in the last quarter. Finally, Retirement Solution LLC bought a new stake in iShares Russell 1000 Growth ETF in the 2nd quarter valued at $752,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA:IWF opened at $481.85 on Tuesday. The company has a market capitalization of $125.11 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. The company has a 50-day moving average of $468.57 and a 200-day moving average of $435.11. iShares Russell 1000 Growth ETF has a 52 week low of $308.67 and a 52 week high of $493.00.

iShares Russell 1000 Growth ETF 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.