Sowell Financial Services LLC Raises Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Sowell Financial Services LLC raised its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 10.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 72,369 shares of the exchange traded fund’s stock after acquiring an additional 6,909 shares during the quarter. iShares Russell 1000 Growth ETF makes up 1.2% of Sowell Financial Services LLC’s portfolio, making the stock its 11th largest holding. Sowell Financial Services LLC’s holdings in iShares Russell 1000 Growth ETF were worth $21,940,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Legacy Trust boosted its stake in shares of iShares Russell 1000 Growth ETF by 11.3% during the 4th quarter. Legacy Trust now owns 12,871 shares of the exchange traded fund’s stock worth $3,902,000 after acquiring an additional 1,310 shares during the last quarter. Park Place Capital Corp lifted its stake in shares of iShares Russell 1000 Growth ETF by 2.8% during the 4th quarter. Park Place Capital Corp now owns 11,658 shares of the exchange traded fund’s stock valued at $3,534,000 after buying an additional 313 shares in the last quarter. Nilsine Partners LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 40.7% during the 4th quarter. Nilsine Partners LLC now owns 1,845 shares of the exchange traded fund’s stock valued at $559,000 after buying an additional 534 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in shares of iShares Russell 1000 Growth ETF by 42.2% during the 4th quarter. Arkadios Wealth Advisors now owns 14,319 shares of the exchange traded fund’s stock valued at $4,341,000 after buying an additional 4,247 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 29,857.6% during the 4th quarter. International Assets Investment Management LLC now owns 2,699,781 shares of the exchange traded fund’s stock valued at $818,493,000 after buying an additional 2,690,769 shares in the last quarter.

iShares Russell 1000 Growth ETF Trading Up 1.4 %

Shares of IWF traded up $4.49 during trading hours on Friday, reaching $334.61. 1,518,898 shares of the stock traded hands, compared to its average volume of 1,375,847. iShares Russell 1000 Growth ETF has a 52-week low of $239.23 and a 52-week high of $340.83. The company’s 50-day moving average price is $329.37 and its two-hundred day moving average price is $301.17. The company has a market cap of $85.36 billion, a P/E ratio of 26.14 and a beta of 1.08.

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.