Parallel Advisors LLC Buys 2,808 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Parallel Advisors LLC lifted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 12.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 24,566 shares of the exchange traded fund’s stock after acquiring an additional 2,808 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $9,865,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth approximately $1,367,267,000. M&T Bank Corp boosted its stake in iShares Russell 1000 Growth ETF by 1.1% in the 3rd quarter. M&T Bank Corp now owns 2,828,962 shares of the exchange traded fund’s stock worth $1,061,987,000 after purchasing an additional 31,109 shares during the period. CHURCHILL MANAGEMENT Corp boosted its stake in iShares Russell 1000 Growth ETF by 3.3% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,386,056 shares of the exchange traded fund’s stock worth $556,613,000 after purchasing an additional 44,547 shares during the period. Bank of New York Mellon Corp boosted its stake in iShares Russell 1000 Growth ETF by 5.1% in the 4th quarter. Bank of New York Mellon Corp now owns 1,310,849 shares of the exchange traded fund’s stock worth $526,411,000 after purchasing an additional 64,116 shares during the period. Finally, HighTower Advisors LLC boosted its stake in iShares Russell 1000 Growth ETF by 6.1% in the 4th quarter. HighTower Advisors LLC now owns 1,170,155 shares of the exchange traded fund’s stock worth $469,911,000 after purchasing an additional 67,046 shares during the period.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $369.20 on Monday. iShares Russell 1000 Growth ETF has a 1-year low of $315.24 and a 1-year high of $419.53. The company has a market capitalization of $96.82 billion, a price-to-earnings ratio of 31.83 and a beta of 1.11. The business has a 50 day simple moving average of $400.68 and a two-hundred day simple moving average of $391.72.

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.