LPL Financial LLC Has $1.26 Billion Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

LPL Financial LLC grew its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,146,450 shares of the exchange traded fund’s stock after purchasing an additional 127,129 shares during the period. LPL Financial LLC owned approximately 1.19% of iShares Russell 1000 Growth ETF worth $1,263,551,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Truvestments Capital LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth about $27,000. Runnymede Capital Advisors Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth about $27,000. Signature Resources Capital Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth about $28,000. Peterson Wealth Services acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth about $35,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth about $46,000.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $369.90 on Friday. iShares Russell 1000 Growth ETF has a fifty-two week low of $315.24 and a fifty-two week high of $419.53. The firm has a market capitalization of $97.01 billion, a PE ratio of 31.83 and a beta of 1.11. The company’s 50-day moving average is $397.04 and its 200 day moving average is $391.73.

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.