93,626 Shares in iShares Russell 1000 Growth ETF $IWF Bought by Sowell Financial Services LLC

Sowell Financial Services LLC acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 93,626 shares of the exchange traded fund’s stock, valued at approximately $11,728,000.

Other institutional investors have also modified their holdings of the company. Quadrant Capital Group LLC acquired a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter worth $1,618,000. Bell Bank acquired a new position in iShares Russell 1000 Growth ETF in the third quarter valued at $772,000. Physician Wealth Advisors Inc. boosted its stake in iShares Russell 1000 Growth ETF by 1,519.3% in the third quarter. Physician Wealth Advisors Inc. now owns 1,765 shares of the exchange traded fund’s stock valued at $221,000 after acquiring an additional 1,656 shares in the last quarter. Carnegie Investment Counsel acquired a new position in iShares Russell 1000 Growth ETF in the third quarter valued at $2,460,000. Finally, Ironwood Financial llc acquired a new position in iShares Russell 1000 Growth ETF in the third quarter valued at $1,874,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $122.41 on Wednesday. The stock’s 50-day moving average is $124.08 and its two-hundred day moving average is $121.98. The firm has a market cap of $125.64 billion, a price-to-earnings 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 $129.80.

About iShares Russell 1000 Growth ETF

(Free Report)

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.

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